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Felicia Tan
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
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).