According to the report of The New York Times, the earthquake occurred around 9 pm local time (12). According to the US Geological Survey (USGS), the earthquake was located in Halabjah area in the southeast of Sulaymaniyah province, which is located in the Kurdish region of northern Iraq, with a magnitude of 7.2 and a focal depth of 33.9 kilometers. The Iraqi capital Baghdad and several provinces felt a strong earthquake. Pakistan, Lebanon, Kuwait, Turkey, Qatar and other countries also have obvious earthquakes.
According to the latest news, a 7.8-magnitude earthquake occurred on the border between Iran and Iraq, which has killed 6 1 person. According to the Iranian emergency department, the earthquake in Iran killed 6 1 person and injured 300 people. China Seismological Network officially determined that an earthquake of magnitude 7.8 occurred in Iraq (34.90 degrees north latitude and 45.75 degrees east longitude) at 02: 02 on 10/3, with a focal depth of 20 kilometers, and the epicenter was located in the border area between Iran and Iraq.
Unconsciously, I have been in the stock market for five years, covered in mud and sweaty. There is a saying on wall street: "if you can stay in the stock market for ten years, you should be able to make money continuously;" If you endure for twenty years, your experience will be of great reference value; If you live for thirty years, you must be very rich. "This passage fully illustrates the importance of time in the stock market! What about the earthquake stock market now?
The influence of the earthquake on the stock market
According to statistics, there are about 5 million earthquakes on the earth every year, that is, tens of thousands of earthquakes occur every day. Most of them are too small or too far away to be felt; There are about a dozen or twenty earthquakes that can really cause serious harm to human beings; About one or two earthquakes will cause particularly serious disasters. Earthquakes that people can't feel must be recorded by seismographs; Different types of seismographs can record earthquakes with different intensities and distances.
Will the earthquake affect the stock market?
Northeast Securities previously said that, first of all, in the earthquake disaster relief, it is inseparable from the demand for drugs. The demand for medical products is divided into two stages. In the early stage of the earthquake, patients with trauma caused by the earthquake were mainly treated, and surgical drugs and trauma drugs were needed; With the passage of time, the later period is mainly the demand for drugs to prevent and control the epidemic in the disaster areas.
After the disaster, it is easy to produce an epidemic. At present, there are cholera, typhoid fever, dysentery, tetanus and so on. These diseases are mainly treated by vaccines or antibiotics. With the development of post-disaster property insurance and life insurance claims, the claims expenditure of insurance companies will increase substantially, which will drag down the short-term trend of insurance stocks, but it will stimulate the improvement of insurance coverage in the medium and long term. At the same time, after the production enterprises in disaster areas are damaged, non-performing loans may increase in a short time, and commercial banks will also be negatively affected to varying degrees.
Still remind everyone to bet carefully, after all, stocks have high returns and high risks.