Shares take hit as Covid-19 outbreak slams profits, events

A pedestrian wearing a face mask walks past a stock indicator displaying share prices of the Tokyo Stock Exchange in Tokyo.Shares slipped in Europe and Asia on Tuesday (Feb 18) as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target in this quarter and China moving to postpone or cancel major events, including the world famous Beijing auto show. - AFP

BANGKOK: Shares slipped in Europe and Asia on Tuesday (Feb 18) as the impact from the virus outbreak that began in China deepened, with Apple saying it would fail to meet its profit target in this quarter and China moving to postpone or cancel major events, including the Beijing auto show.

Britain's FTSE 100 dropped 0.4% to 7,404.04, while the CAC 40 in Paris declined 0.7% to 6,041.20. Germany's DAX lost 0.8% to 13,674.95. The future contract for the S&P 500 lost 0.3% while the Dow future was down 0.4%. U.S. markets were closed Monday for President's Day.