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Felicia Tan
in
Stocks
June 23 08:29

Global markets are in decline due to a new spike in infections

Majority of the world's stock indices are falling
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World's financial markets demonstrated mostly negative trends due to worries of investors over coronavirus infections spread in the U.S. and other countries.
London FTSE index had fallen by 0.3%, Paris CAC-40 by 0.7 % and Frankfurt DAX by 0.5%.
Japan's Nikkei index ended with a decline of 0.1% , Hong Kong index went down by 0.5%, Seoul's KOSPI dropped by 0.6%, and Mumbai's Sensex fell by 0.5%. Taiwan's TSEC rose by 0.2%, while Australia's S&P/ASX and Shanghai's SSE Composite remained virtually the same.
Markets began to drop after WHO reported a daily peak of 183,000 novel infections worldwide on Sunday.
According to WHO, Brazil has the largest number of new infections (55,000), followed by the USA (36,000) and India (15,000).