Covid19 Darkest Week - March 9 to March 14



Covid19 rears its ugly head this week.



This is probably the darkest week since the Covid19 outbreak.
Here is a rundown of what happened throughout the week


Monday March 9

Global

  • The world shook when a stock market crash occurred on this date. This is the biggest single-day fall since 2008. This was the result of a double whammy. Covid19 spikes over Europe as well as the Russia-Suadi Oil price war.
  • Stocks hit trading halts level and the Dow closes 7.8% down or 2013 points for the day.


Singapore

  • Singapore started to see double-digit growth in Covid19 over the weekend. The numbers increase by 30% for the past 3 days with imported cases creeping up.


Tues March 10

Global

  • Stock Market has a recovery day


Singapore




Wed March 11

Global

  • Stock market retreats back to Black Monday levels



Singapore



Thurs March 12

Global

  • Black Thursday Stock Market Crash. The Stock Market goes into a tailspin with DOW descending 10% in Black Thursday. Trading was halted as soon as it starts. There was a temporary recovery when Federal Reserve introduced 1.5 Trillion stimulus plan. However, by end day, the market close near the lows, marking the worst single-day point drop since the 1987 Stock Market Crash.  


Singapore

  • Mosque will close for at least 5 days. 2 confirmed cases from Religious gathering in KL. This includes one that is an officer of a mosque.
Friday March 13

Global


Singapore


Saturday, March 14
Global





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