UPDATE: Here are the European and Asian coronavirus plays that have rallied while markets have gone sour
By Steve Goldstein, MarketWatch
HelloFresh, Ambu are among the winners
Markets outside the U.S. haven't been spared the pain from the coronavirus that has closed much of the economy.
According to S&P Dow Jones Indices, global markets have lost $14.9 trillion in value from their Feb. 29 high, and international stocks lost about a quarter of their value in the first quarter.
But there have been a few gems, all of which benefited from the coronavirus outbreak in some way. Here are some of the winners in Europe and Asia this year.
HelloFresh (HFG.XE), a German maker of prepared foodkits, has climbed 51%.
Ambu(AMBU-B.KO), a Danish medical equipment maker, has climbed 42%.
BioMerieux(BIM.FR), a French maker of a COVID-19 test, has gained 34%.
Ping An Healthcare and Technology(1833.HK), an online provider of Chinese health care advice, has jumped 30%.
Nihon Kohden(6849.TO), a Japanese medical equipment maker, has jumped 24%.
Nexon(3659.TO), a Tokyo-listed videogame maker, has gained 24%.
Yihai International (1579.HK), a Hong Kong maker of hot pot soup flavoring, also has gained 24%.
-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
April 02, 2020 02:51 ET (06:51 GMT)
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