March 12, 2020 at 1:07 PM
After the announcement of the 30 days United States’ travel ban from Europe, the Helsinki Stock Exchange has opened at 10 am with a clear decline.
In Helsinki, the OMXHPI index, which measures stock market performance, fell by 5.2% in the opening.
Nokia (7.5%) and Wärtsilä (6.3%) fell the most on the Helsinki Exchanges. Finnair's share also fell by 7.7%.
European airline stock prices plummet in the morning. Norwegian airline’s share fell immediately by 17%.
Air France KLM shares dipped 15% and German Lufthansa 9%. UK airline shares were in a downturn. British Airways, EasyJet and WIZZ had all felt 7-9%.
However, the firms have recovered the decline after an hour.
Asia stock markets also crashed in the morning.
