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ASX near three-week low as virus fears sap global markets

Summary

  • The ASX 200 fell as much as 1.4% to a near three-week low on Tuesday amid the worrying spread of the coronavirus around Europe and the US
  • The Dow Jones index fell 2.3%, the S&P500 shed 1.9%, and the Nasdaq dropped 1.6% overnight
  • Building materials giant Boral is selling its 50% share in its international plasterboard business to joint venture partner Knauf for $1.43b
  • Telstra executive Michael Ebeid is leaving the business after more than two years leading the telco giant's division for business customers

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