Ibex falls 1.6% and loses key supports due to the coronavirus and geopolitical tensions

Strong falls in the Ibex (-1.66%. 9,403 points. It grazes the support of 9,428 points) and in the rest of Europe (-2.5%) as the international situation worsens. There are already over 80 deaths by the Chinese coronavirus and over 2,700 affected. Beyond the human tragedy, it is a fact that this situation is beginning to affect the Chinese economy. At a press conference held this Sunday, Chinese authorities said the disease will continue to be a problem in the near future. The most immediate economic impact is the decrease in the flow of passengers. In an effort to prevent the virus from spreading, the Government has encouraged people to stay at home, has canceled major public events and has restricted travel for tens of millions of people.