30 Mar Asian stocks set for worst month in 11-1/2 yrs on coronavirus jitters
Asian stocks fell sharply in March and
were on track to post their biggest monthly drop since October
2008 on fears that corporate earnings could be hit due to
lockdowns enforced by several nations to contain the spread of
the coronavirus.
The MSCI’s broadest index of Asia-Pacific shares
has fallen over 12% this month, compared with a
decline of about 13% in the MSCI’s global share index.
.
were on track to post their biggest monthly drop since October
2008 on fears that corporate earnings could be hit due to
lockdowns enforced by several nations to contain the spread of
the coronavirus.
The MSCI’s broadest index of Asia-Pacific shares
has fallen over 12% this month, compared with a
decline of about 13% in the MSCI’s global share index.
.
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