Impact of covid-19 on financial/stock market

Abstract

In consonance with the World Health Organization, the CORONAVIRUS arose from Wuhan, city of China, and had been spreading into 216 countries, and that affected almost 8.3 million people all around the world and killed 0.45 million people around the globe and still affecting. The coronavirus is a virus that spread from one individual to another individual through respiration. The Coronavirus pandemic was officially declared by WHO on 11th March 2020. Coronaviruses have many different types, and some of those types cause disease. This virus is a family of manifold viruses. These viruses cause mild to severe illnesses to individuals such as respiratory syndromes or the common cold. The CORONAVIRUS was not been able to recognize in the human body before the coronavirus outbreak. In the coronavirus history, SARSCoV was transferred to humans through cats, and this event occurred in China in 2002. Furthermore, MERS-CoV is another type of Coronavirus that was transferred to humans through camels, and this first happened in Saudi Arabia. Moreover, other types of coronaviruses do exist within the animals but do not transmit into other human individuals. According to the World Health Organization shreds of evidence, the COVID-19 was transferred from animals into the human body. The world believed that the virus spread through the bat, but bats and animals do not have much contact. However, the source is unidentified that is the biggest issue in the Coronavirus case. Thus, according to the report, the Coronavirus was reached into the human body by a wild or domestic animal.