PSEi falls to 15-mo low on China virus impact

By Tyrone Jasper C. Piad

Feb 27, 2020 1:35 am

THE stock market tumbled out of the 7,000 territory on Wednesday following a massive global sell-off over the continued impact of the coronavirus disease 2019 (Covid-19) outbreak, with an analyst predicting a recession.

A woman with a face mask performs tai chi with an unmasked man on a waterfront in Hong Kong on Feb. 26, 2020. Since the coronavirus disease 2019 (Covid-19) broke out in the city of Wuhan in China's central Hubei province in December, people in the East Asian country, Hong Kong and elsewhere were advised to wear face masks to prevent infection. AP PHOTO

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