Australian shares post worst weekly drop since 2008 financial crisis; NZ falls [Reuters]
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP)
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Source: Reuters
Australian shares post worst weekly drop since 2008 financial crisis; NZ falls (Updates to close) Feb 28 (Reuters) - Australian shares posted their worst weekly drop since the 2008 global financial crisis on Friday as fears of a rapidly spreading coronavirus tipping to a pandemic and spurring a global recession dampened sentiment. The virus has spread at a rapid pace globally, with countries other than China accounting for about three quarters of new infections, prompting governments to stockpile medical supplies, order schools shut and cancel big gatherings to curb the spread of the flu-like virus. Ratings agency Moody’s said the odds of a coronavirus pandemic are rising and added that a pandemic will trigger a global and U.S. recessions during the first half of this year. The S&P/ASX 200 index tumbled 3.3%, or 216.70 points, to 6,441.20 at the close of trade to post its worst monthly decline since August 2015. The benchmark slipped 0.8% on Thursday. The investors were also risk aver
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BHP
Sec Filings
- 11/21/24 - Form 6-K
- 11/18/24 - Form 6-K
- 11/18/24 - Form 6-K
- BHP's page on the SEC website