Business

Prague Stock Exchange Shares Fall 10% in One Week, Analysts Say with coronavirus

New York Stock Exchange, photo: TK / AP / Richard Drew

Fluctuations in share prices on the Prague Stock Exchange generally
tenths of a percentile in recent years. However, just last week
saw three days when stocks fell more than 2%.

Analysts point out that heavy falls are part of a
trend and do not see a clear end to financial uncertainty at any time
soon.

We are living in the worst week in the markets since the start of
the global economic crisis in 2008. Over 5,000 billion dollars
disappeared from international markets, BHS chief economist tpn
Keek wrote last week.

He then warned that Italy could go into recession due to the
coronavirus epidemic, which in turn could drive the highly indebted state
in financial insolvency and a domino effect that would ruin the European market
Economics of unions.

Milan Vanek, analyst at J&T Bank, compared the effects of coronavirus
on the international markets at the end of February with the black swan effect.

Economists warn of the possibility of a recession in Europe.
The stock indexes have undergone a marked correction. More precisely,
The S&P 500 fell 13.7% in one week and the EuroStoxx 600 fell
12.6%. The domestic PX followed this trend on the Western
Markets.

The only shares of the Prague Stock Exchange that experienced growth were
those of the Czech antivirus giant Avast, which increased by 1.72%.

At the same time, the most marked decline was recorded in telecommunications stocks
the operator O2, whose share price fell 5.78%.

Those of the Central European media group CME, whose acquisition by the
Czech billionaire Petr Kellner PPF's investment fund receives green light
light by shareholders last week, experienced the smallest decline of 3.7 percent.

Investors Now Determine Possible Scenarios In Which The Gap
of coronavirus could have other economic effects.

We continue to be very careful before next week and we expect
in particular artificial intelligence could further depress markets,
Mr Vanek told the Czech news agency.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

picture credit