Asia Stocks Plunge as the Death Toll from Coronavirus in China Hit 17!

Stocks in Asia fell in the morning session on January 23, 2020, as the death toll from coronavirus rose to 17 in China.

 

In the morning, Nikkei fell 0.62%, SSEC dropped 0.92%, HSI sank 1.07%, ASX 200 dipped 0.65% and Kospi contracted 0.42%.

SET in yesterday’s trading session, SET closed at 1,574.59 points, decreased 0.35 points or 0.02% with a trading value of 72.9 billion baht.

As of yesterday, 540 cases were confirmed to have caught this disease in China, and Wuhan, where the disease was first broke out, had announced a shutdown on public transportation and urged its citizens not to leave the city in fear of spreading the contagion as well as suspend outgoing flights from the city as of 10 a.m. on Thursday (0200 GMT).

 

After a meeting at its Geneva headquarters on Wednesday, the World Health Organization (WHO) said it would decide on Thursday whether to declare the outbreak a global health emergency, which would step up the international response.