The FTSE 100 bounce since the decisive General Election victory for the Conservatives last month was wiped out on Thursday as fears over the coronavirus spread. The FTSE 100 bounce since the decisive General Election victory for the Conservatives last month was wiped out on Thursday as fears over the coronavirus spread. David Madden, market analyst at CMC Markets, said: “Coronavirus fears are back at the forefront of traders’ minds, hence why stocks have fallen. Shares closed down 12.94p, or 7.4%, at 162.4p. Shares closed down 19.6p, or 3.3%, to 572.4p.

Source: Irish Independent January 30, 2020 17:37 UTC