SARS outbreak affected the metal prices, nickel prices hit hardest
03 3 12, the World Health Organization issued a global SARS alert to make people talk about non; discoloration, caused a panic, the alarm in 03 lifting of the end of May. During this period fell by 7% base metals, particularly nickel, fell 13%, 10% of platinum also fell. We believe that the performance of swine flu outbreak to the recent threat beautiful commodities.
the greatest impact of SARS on oil prices in the SARS epidemic
related announcement in the week, oil prices fell 25% amid widespread fears of a global traffic. swine flu first broke out in Mexico, there may be in the world spread, the market may also be reflected in this immediate focus on crude oil and transportation industries. In the past few years, oil prices have been supported by the materials industry in the boom, so the above material industry impact will be felt fear.
of SARS on Minerals and materials stocks had little impact
contrast, atypical pneumonia and materials stocks of mineral had little impact. within a few days in the SARS outbreak, the relevant shares to regain the initial decline, but the SARS epidemic period, UK mining stocks underperformed the FTSE 100 index.
swine flu outbreak was worse for the markets;
swine flu outbreak coincided with the global materials market in a very fragile state, in the current global financial crisis, the materials market difficult Therefore, the outbreak of swine flu may give the already popular impact of market volatility, market sentiment led to a shortage of demand and capacity to make a negative response. However,cheap UGG boots, the SARS experience has shown that the stock market may soon be swine flu broke out behind and focus instead on more strategic and structural problems.
# p # VS SARS swine flu swine influenza # e #
year VS the stock market under the impact of SARS is not
pig What flu from what, in the extent to which global economic life and capital market, China has spread to geometry? currently hard to judge,Bailey UGG boots, but 6 years ago during the SARS situation may to some extent, can be used as reference.
then the stock market is not affected by the impact of SARS
2003 年 undoubtedly the most serious areas of Hong Kong, February 21 from Hong Kong that year reported the first case of infection of SARS cases to the May 23 World Health Organization lifted the SARS alert a full three months. but in the meantime, Hong Kong stock market did not decline sharply. February 21 that year, the Hang Seng index was 9251 points, the SARS epidemic period, the Hang Seng Index fell up to 8409 points, or less than 10%. to alert the World Health Organization lifted the Hang Seng Index has rebounded to 9303 points.
SARS impact on the A share is almost negligible. In these three months which, A shares have rebounded more than half of the time trend in which, From that year on February 21 to April 18, the Shanghai index rebounded more than 10%. Guangzhou Securities researcher ZHANG Guang-wen said that the overall valuation of shares at A level is relatively low, in addition to the world economy was still at the growth stage, Therefore, give calm and reflect the market.
and, in this disease back to the market to create; disaster; opportunities. such as Shanghai Pharmaceutical in the SARS period rose nearly 30% of the Baiyun Mountain A rebound in nearly 20%, the overall pharmaceutical sector very eye-catching performance . Not only that SARS, avian flu during the performance is very good related stocks.
However, the swine flu occurred in the market environment does not seem like the year of SARS. Tang, research director at Core Pacific-Yamaichi in Xu said that in the occurrence of SARS During the global economy is strong, and now a hundred years the world has just experienced a financial crisis at the healing stage, the occurrence of swine flu will undoubtedly cast a shadow on the world economic recovery, at the market level may form a more pessimistic expected.
some commodities or bring disaster
SRAS outbreak on the part of the impact of commodity prices is very large. nickel hardest hit, slid 13%. The World Health Organization issued a global SARS alert, widespread fears of a global transport due to market decline, oil prices fell 25%. In contrast, SARS and materials stocks of mineral had little impact. within a few days in the SARS outbreak, the relevant shares to regain the initial decline, but During the SARS outbreak, the British mining stocks underperformed the FTSE 100 index.
UBS Securities believes that the recent performance of swine flu outbreak to the threat beautiful commodities. swine flu first broke out in Mexico, there may be global spread of markets may also be reflected in this immediate focus on crude oil and transportation. In the past few years, oil prices have been supported by the materials industry in the boom, so the above material industry impact will be felt fear.
swine flu coincided with the outbreak of the global materials market in a very fragile state, in the current global financial crisis, the materials market difficult, the swine flu outbreak could give the already popular impact of market volatility, market sentiment led to a shortage of needs and the amount of make a negative reaction. However, the SARS experience has shown that the stock market may soon be behind the outbreak of swine flu, and focus instead on more strategic and structural problems.
hysteresis loss figures difficult to estimate < br> year impact of SARS on the stock market,UGG shoes, although little damage to the real economy, or can not be ignored. According to research estimates, when the SARS to the Asia-Pacific region caused direct economic losses of about 40 billion U.S. dollars.
the first year in the first quarter, Hong Kong's GDP growth rate of -0.3% in the second quarter dropped to -2.2%, stabilized until the outbreak of the third quarter, the Hong Kong economy began to improve. and in the Mainland, when the first quarter GDP growth up to 9.9% rapid decline in the second quarter to 7.9% for this data after the amendment, before the amendment was only 6.7%.
SARS impact on China's economy mainly in the demand side. then in the first quarter of retail sales of consumer goods increased 9.2% year on year, to May growth was only 4.3%, an increase of the low is not the last century, ever since the nineties. In transportation, the passenger transport in the first quarter increased by 5.3% year on year, but has decreased by 6.9% in April, May also reduce 41.5 %; May, social services operating income fell 37.4% on average, in particular the hotel industry operating income decreased 65.1%, 58.3% decline in bathing industry, entertainment services, fell 45.3%. on the fixed asset investment and industrial production was not significant , not much impact on the import and export.
, however, different from China and then, if the swine flu enormous impact on consumption, Europe and the U.S. economy may suffer greater losses, because of its economic structure consumption share of the already much larger than China, not to mention the problem before because of demand due to financial crisis. The World Bank last year estimated that if large-scale global outbreak of flu, can cause economic losses of 3 trillion, a considerable the scale of the global economy fell 5 percentage points. However, the flu is only now beginning, is difficult to estimate the specific losses.
# p # SARS-like swine influenza does not hit as economy # e #
Vincent: Pig Influenza is not like SARS hit Hong Kong's economic
as far as Hong Kong China News Agency reported that the flu is spread of countries and regions worldwide,UGG boots cheap, HSBC Asia Pacific Chairman Vincent Cheng 28, said that even if the outbreak of swine flu in Hong Kong unfortunately, not will be like; SARS; SARS-like epidemic hit Hong Kong's economy.
Vincent said that Hong Kong experienced; SARS; later, there is an outbreak response plan, companies also have a working triage system can be effective in an outbreak strain, so we need not worry too much about.
Vincent also said that if the flu continues to spread, will affect the pace of global economic recovery; but the present situation, it seems more serious than Mexico, other regions seems not serious, there is currently difficult to determine whether the global economy will be affected.
Vincent 28, the Hong Kong Volunteer Award Committee Chairman, present; the third Hong Kong Volunteer Award; launching ceremony and expressed the will fair and impartial manner, elected representative in Hong Kong ten outstanding volunteers.
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