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Market Update 26 February

Jessica Amir
February 26, 2020

Famous actor & World Health Organisation Ambassador Jet Li said overnight, coronavirus knows no borders. Coronavirus cases are on the rise in Europe and the middle East, while cases are steadying in China with factories coming back online like Toyota.

There is a lot of fear in markets which is why US equities tumbled to a 12 week low and money flowed into bonds, pushing their treasury yields to a record low.

Companies reporting: Invocare (ASX:IVC), Healius (ASX:HLS), Appen (ASX:APX), Polynovo (ASX:PNV) & Rio Tinto (ASX:RIO).

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Reporting season: Appen (ASX:APX)

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