Traders at the New York Stock Exchange (Mark Lennihan/AP)However, Japan’s Nikkei 225 index held steady, gaining 1.9% by midday on Monday. Australia announced a 66.4 billion Australian dollar (£33 billion) stimulus package on Sunday. That is in addition to an earlier mandated 10 billion dollar (£8.5 billion) package and other stimulus from the central bank. The Nasdaq composite index lost 3.8% to 6,879.52. This week will bring fresh data which will likely underline the damage to Asian economies from the outbreak of the virus which originated in China.

Source: Irish Independent March 23, 2020 08:15 UTC