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The World Health Organization's Corona19 Pandemic, a global pandemic that you saw earlier, hit the stock market worldwide. Today's (12th) New York stocks, which ended at dawn, all three major US indexes plummeted, including the Dow index dropping nearly 6%. Our stock market was also very big. As foreigners continued to sell shares, KOSPI was once threatened with 1,800 lines in the middle of the week, and a 'sidecar' that temporarily suspended the effect of the program selling price was triggered in 8 years and 5 months. There is a voice saying that the global financial crisis should be prepared for the uncertainty of Corona19 that is weighing on the market.

Reporter Chan-Keun Park reports.

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Foreign investors sold nearly 900 billion won in the securities market.

The net sales of foreigners have already exceeded 10 trillion won since the first corona19 confirmed in Korea in late January.

[Naye Yea / Korea Investment & Securities Research Institute: Corona 19 is the dominant opinion that the speed of economic recovery will be very delayed, and you should see that the risk aversion is extremely extreme.]

In Europe and the United States, the spread of corona19 is only in full swing and it is difficult to estimate the economic impact in the future.

The Brookings Research Institute in the United States predicted that if Corona 19 became the Spanish flu in the 1910s, the world's gross domestic product (GDP) could decrease by 10%, and the International Financial Association predicted that this year's global growth rate would remain at 1%.

Reinforcing entry restrictions in each country will lead to the collapse of the global supply chain and a decrease in trade volume, which is fatal to the Korean economy, which is highly dependent on exports.

[Lee Seung-Hoon / Research Fellow, Meritz Securities Economics: In the United States, if the utilization rate falls due to suspension of work or telecommuting in the manufacturing industry, it may affect the export of intermediate or capital goods in Korea. Shock comes in through that path.]

Key institutions are increasingly pessimistic as Goldman Sachs lowers its outlook for Korea's economic growth to 1% this year.

The economic community expressed its opinion that it should prepare for the global financial crisis by mobilizing all means such as lowering the interest rate and cutting rates and reducing taxes.

(Video coverage: Kim Sung-il, Video editing: Jong-tae Kim, CG: Hyun-jung Jang)