Australian shares set for record weekly drop as virus panic worsens [Reuters]
Westpac Banking Corporation (WBK)
US:NYSE Investor Relations:
westpac.com.au/about-westpac/investor-centre
Company Research
Source: Reuters
Australian shares set for record weekly drop as virus panic worsens March 13 (Reuters) - Australian shares dropped 7% on Friday, extending a sell-off that has put them on track for their biggest weekly drop ever as the rapidly-spreading coronavirus fanned fears of a global recession. The S&P/ASX 200 index declined 7.1% or 374.9 points to 4,929.70 by 0059 GMT. The benchmark shed 7.4% on Thursday in its biggest plunge since the 2008 global financial crisis. At the session low, the benchmark has slid more than 31% from a record high it hit in February. On Thursday, global markets suffered a meltdown as alarm over the virus intensified, and governments from Ireland to Italy revealed new steps to contain its spread. “Today is very much a black Friday,” said James Tao, market analyst at CommSec. Following U.S. President Donald Trump’s Europe travel ban, the negative news related to coronavirus are still pouring in and that is putting more fear into the markets, Tao said. Being a large expor
Show less
Read more
Impact Snapshot
Event Time:
WBK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WBK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WBK alerts
High impacting Westpac Banking Corporation news events
Weekly update
A roundup of the hottest topics