The combination of fears surrounding the Convid19 coronavirus pandemic, President Donald Trump's unilateral and disastrous intervention to ban European citizens from the United States for 30 days, and the structural threat of corporate debt, triggered a stock market crack today March 12, itself following a first sharp decline on March 11 following the explosion in the number of cases of coronavirus in Italy and the quarantine of the country. This fall, which exceeds 12% in Paris and 10% in Frankfort and London, heavily affects large listed companies in the European defense industry, with stock prices sometimes halved over a year.
In France, the company most affected is the engine manufacturer Safran, with a drop of 16,85% on the session, bringing its share price over one year to -28%, but marking a drop over a month of more than 40 %. Airbus, with a title unscrewed of 16,7% on the session, sees its course over a year almost divided by two, recording 47,5% of decreases. Dassault Aviation, with a drop of 11,4% over the session, saw its price lose 41% over the year, while Thales, with -7,8% over the session and -28,5% over the year, limits the damage.
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