Shares drop amid rising coronavirus fears | Finance Report

It was tourism and China-related stocks that took the brunt of today’s selling. Webjet, Qantas, Sydney Airport, and exporters to China like Fortescue Metals and Treasury Wine Estates. Overall, the All Ordinaries index fell 1.5 per cent.

Read more here: https://www.abc.net.au/news/2020-01-28/shares-drop-on-corona-virus-concerns/11905206?section=business

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In This Story: Sydney

Sydney, capital of New South Wales and one of Australia‘s largest cities, is best known for its harbourfront Sydney Opera House, with a distinctive sail-like design.

  • Population: 5.23 million (2018)

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