I have been an independent financial adviser for over 11 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community.
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- Finance & Services, Industrial Goods Impacts Coronavirus Pandemic - March 27, 2020
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Learnbonds.com collects the data and it recognizes that industrial goods, finance, and services are considered the most potential stock sectors. This reason behind these positives is the ongoing Coronavirus Pandemic. As every individual has either stopped working due to the stoppage in the organization or working remotely but not getting much productivity on-board. Every market or industry is down due to the widespread coronavirus, leading organizations are suffering from the losses as they have invested largely into the market.
If we loop onto the figures of the stock market, for the previous week, the stock for the one month and three months was around -16.6%, -31.6%, and -28.1 respectively. In the past week, industrial goods reached -19.6% and finance services valued to -14.6% along with the service industry could account -14.6%.
Due to the sudden stoppage on every individual market, the stock industry is phasing a big loss. If we proceed with more figures, the last one and three months, the stock industry swiped with the poor graphs on the desk. For the last 30 days, the stock for finance, services, and industrial goods were -26.8%, -32.1%, and -34.6% respectively. As the rapid spread of coronavirus started from the previous three months, industrial goods were settled as the most impacted stock with the figure showing -32.0%, finance with -29.9%, and service with -22.4%.
Only the healthcare sector is least affected, as it has gained a tremendous requirement with the result to cure coronavirus patients and research on getting it caused. In the last month, Healthcare sectors accounted for -19.3%. In comparison with the past three months’ graphs, the health sector was settled at -16.0%.
The sources confirm that almost all the industries have been facing challenges and risks due to the coronavirus crisis. It is really difficult to understand and analyze what would be the best time to get the things normal so that all the situations and losses can be re-settled as earlier. We being a part of the market, we have the healthcare sector only which can get good figures due to the increasing demand for health safety and concern owing to the coronavirus pandemic across the world. Still, all we have the sole choice only for the best and retain the situation as earlier.
Opinion-wise, the Healthcare industry is still dedicatedly working as an army to find a strong antidote in causing coronavirus and stop the air of it. Still, they have saved a lot of people all across the globe, and are still trying to work harder which is way par appreciating. Moreover, the government and citizens are also supporting in some way to get the coronavirus away by helping people in terms of food, medicines or any emergency needs.
I hope the world comes into a routine soon!