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The Frankfurt Stock Exchange, Germany, this Tuesday, January 21, 2020. REUTERS / Staff

China has identified, this Tuesday, January 21, 77 new cases of new pneumonia. Six people died in Wuhan, in the center of the country. Many other Asian countries are tightening their controls over the spread of this unknown type of coronavirus. And concerns related to this epidemic are taking hold of the financial markets.

The main European stock exchanges have started their sessions in the red like those of Paris, Frankfurt and London. Asian markets are also very affected, the Shanghai, Hong Kong and Tokyo stock markets closed sharply.

Among the values ​​most affected, the actions of certain large luxury groups and airlines. These sectors rely on the Chinese market to support their growth. Faced with this situation, investors are turning away from risky assets to move towards safer stocks.

To listen and read also: Why the mysterious virus panics the Asian markets

The business community is worried about the international spread of the virus . They remember the SARS (severe acute respiratory syndrome) epidemic in 2003, which had economic repercussions and caused the death of nearly 800 people.

Currently, cases of the new Chinese virus are reported in Thailand, Japan, Australia and South Korea. Several Asian countries have tightened their border controls . Millions of Chinese are preparing to travel for the Lunar New Year.