the Value of the market capitalization of the stocks in the S&P 500 on Wall Street the United States (U.S.) goner up the LAW of$ 1.74 trillion, or about Rp 24.152 trillion. In the two days of this trading week, the index which holds the 500 stocks of the largest companies in the U.S. this loss of up to 6,27%.
As for the S&P 500 index regarded as the best representation of the U.S. stock market, and is the most common to be used as a reference. The drop in the S&P 500 triggered a sell investors who are increasingly concerned with the spread of the virus corona, COVID-19 outside of China.
At the close of trading Monday, the S&P 500 dropped to 3.35% so that its market capitalization fell to US$ 810 billion, or around Rp 11.263 trillion. While at yesterday's close, on Tuesday (25/2), S&P 500 index fell 3.03 percent so that its market capitalization goner US$ 927 billion, or around Rp 12.889 trillion.
this Article has been published in Katadata.co.id with the title of "Stock Market Capitalization AS a Goner Rp 24.000 Trillion, the Impact of Corona" , https://katadata.co.id/berita/2020/02/26/kapitalisasi-pasar-saham-as-amblas-rp-24000-triliun-imbas-corona
Author: Happy Fajrian
Editor: Happy Fajrian