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Stock impact report

Australia shares fall nearly 2% as virus fears strengthen grip [Reuters]

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
Company Research Source: Reuters
Australia shares fall nearly 2% as virus fears strengthen grip * Financials, miners among top losers in Australia * ASX benchmark heads for 2nd weekly drop, down 2.6% * NZ benchmark down about 1.4% on Friday By Aby Jose Koilparambil March 6 (Reuters) - Australian shares fell about 2% on Friday, tracking a sell-off on Wall Street as concerns over the rapid spread of coronavirus outbreak outside China overshadowed optimism over support from various stimulus measures worldwide. U.S. stocks tumbled overnight as a new wave of fear about the widening disease and its economic impact gripped investors. Three more people died from the virus in France, taking the total to seven, Britain logged its first death from the pathogen, and the number of people in New York state who have tested positive doubled to 22 following a significant increase in testing. The virus has now claimed more than 3,300 lives worldwide. The S&P/ASX 200 index slid about 2% to 6,273.90 by 2359 GMT and was poised to lose ab Show less Read more
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