These countries’ stock markets have been hit the hardest by the coronavirus

No country’s stock market has been immune to the global selloff spurred by the coronavirus pandemic. To get a snapshot of where investors have been hit hardest, we examined 100 of the largest and most heavily traded markets tracked by Bloomberg. The graphic above shows how far primary stock indexes in each have fallen this year—from their peak to their lowest point. Thus far, stocks in the world’s biggest economies have fared relatively well. The U.S., despite the most cases and deaths from the virus of any country, didn’t plunge nearly as far as, for example, energy-dependent Russia. And though the pandemic originated in China, Beijing’s success in managing the health crisis has translated to the market. Chinese stocks have yet to hit bear territory. 

Source: Bloomberg; Jan. 1 to April 9, 2020. Calculated from index prices in U.S. dollars.

A version of this article appears in the May 2020 issue of Fortune with the headline “A Shock Wave Around the World.”

More coronavirus coverage from Fortune:

—Saving a city: How Seattle’s corporate giants banded together to flatten the curve
—How Fortune 500 companies are utilizing their resources and expertise during the pandemic
—Inside the surreal “Mask Economy”: Price-gouging, bidding wars, and armed guards
—Researchers working on “contact tracing” say they welcome Apple and Google’s help
—How every sector of the S&P 500 has been impacted by the coronavirus selloff
—If you’ve been a little busy lately, here’s what’s going on with the 2020 election
Looking for a travel refund? Here’s what airlines, hotels, and theme parks are offering
—PODCAST: COVID-19 might have upended the concept of the best companies of the year
—VIDEO: 401(k) withdrawal penalties waived for anyone hurt by COVID-19

Subscribe to Outbreak, a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. It’s free to get it in your inbox.

Source link

Comments Off on These countries’ stock markets have been hit the hardest by the coronavirus