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News of the world stock markets and oil by covid variant | Economic indicators

The appearance of a new variant of the coronavirus, detected in South Africa and apparently highly contagious, hit the markets of Colombia and the world in the day of this Friday.

It’s about the variant B.1.1.529, which, according to first information, has a number “extremely high“of mutations and”we can see that it has a very high propagation potential“said the Brazilian virologist Tulio de Oliveira, based in South Africa and director of the KRISP, a center specialized in the study of the coronavirus.

(See: Argos will hold an extraordinary shareholders’ meeting for the Nutresa takeover bid).

The health situation has been felt in the economic world and the stock markets have gone down. In the case of Colombia Stock Exchange, the Colcap index registered a 1% drop.

Among the most ‘hit’ shares of the day are the titles of El Cóndor, with 8.14%, at 790 pesos; Specifically, with 7.69%%, at 240 pesos.

(See: With which commission agents can Nutresa shares be sold for the takeover bid).

For its part, Wall Street closed this Friday tinted red, with a significant decline in its main benchmark index, the Dow Jones Industrials, which fell 2.53% in its worst decline of the year, motivated by news of a new variant of coronavirus in South Africa, which is feared could lead to travel restrictions and new lockdowns.

(See: Trends and challenges of the insurance market in the face of reactivation).

At the end of the session on the New York Stock Exchange, shorter than normal for being the day after Thanksgiving, the Dow Jones of Industrials cut 905.04 points, to 34,899.34 integers; while the selective S&P 500 fell 2.27% or 106.84 units, to 4,594.62 points.

The Nasdaq composite index, which brings together the most important technology companies, fell 2.23% or 353.57 integers, to 15,491.66 units. %.

The market fears that the new variant could seriously affect the recovery of the global economy due to a possible return to confinement and the closure of businesses, in addition to a notably lower volume of travel.

(See: They study a new variant of covid with multiple mutations).

The new variant of covid could be more contagious and with many mutations.


In Europe, The continent’s stock markets plummeted this Friday, in a context of fear linked to the new variant of covid-19. The FTSE 100 index of the London Stock Exchange closed down 3.6% (7,044.03 points). Paris and Frankfurt also closed in red. The CAC 40 of the Parisian stock market lost 4.8% to 6,739.73 points and the Frankfurt Dax index closed at 15,257.69 units (-4.2%). The Madrid Stock Exchange closed at 8,402.70 points, with a fall of 4.96%.

(See: Third dose: for whom? When? And with what vaccine is it recommended?).

In Asia, the Tokyo Stock Exchange closed today with a 2.53% fall in its main indicator, the Nikkei. For its part, the benchmark index of the Hong Kong Stock Exchange, the Hang Seng, posted losses of 2.67% today in a day of widespread and pronounced losses, particularly among Chinese digital giants and casino operators. Meanwhile, the Seoul Stock Exchange fell today and its main indicator, the Kospi, lost 1.47% due to the concern generated on the market by the volume of infections in Europe and at the domestic level and the discovery of a new variant. Also the stock markets of Southeast Asia closed this Friday with strong falls dragged by the fears generated by the new variant of the coronavirus detected in southern Africa. In Singapore, the city-state stock market fell 55.25 points, 1.72 percent, in Indonesia, the Jakarta stock fell 137.79 integers, 2.06 percent, in Malaysia, the Kuala Stock Exchange Lumpur lost 5.38 points, 0.35 percent, in Thailand, the Bangkok stock fell 37.85 points, 2.3 percent. Likewise, in the Philippines, the Manila Stock Exchange fell 90.83 points, 1.23 percent, and in Vietnam, the VN index of the Ho Chi Minh market (the former Saigon) lost 0.52 percent.

(See: Vaccination in Colombia: reasons that are driving immunization).



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