European shares on Wednesday reached a record level, as the reported decline in the number of new cases of coronavirus calmed investors, despite the fact that they closely followed the economic consequences of a disease outbreak.
the pan-European STOXX 600 rose 0.13% in the morning session and second time in a row reached a record 429,42.
China on Wednesday reported its lowest since the end of January the number of new cases of infection with coronavirus, giving weight to the forecast senior medical Advisor to the Chinese government that the outbreak could be completed by April.
Global markets reacted positively to this forecast, but other international experts remain concerned about the spread of the virus, which claimed more than 1,100 lives, and I think that optimism may be premature.
China is Sensitive to the index of basic resources and automobile index rose by 0.62% and 1.27%, respectively.
