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KM Financial Solutions | Australian shares poised to fall on fears of virus spread; NZ drops
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Australian shares poised to fall on fears of virus spread; NZ drops

22 Feb Australian shares poised to fall on fears of virus spread; NZ drops

Posted at 21:14h in News by
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Australian shares were set to open lower
on Monday as a spike in new coronavirus cases in countries
outside China deepened concerns over the outbreak’s global
economic impact.
The International Monetary Fund’s chief on Saturday lowered
China’s 2020 growth forecast to 5.6%, down 0.4 percentage points
from its January outlook, and shaved 0.1 percentage points from
global growth.
The local share price index futures fell 0.7%, a
100-p

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