Global World Markets Live Updates Business Today
Business Today
Global Markets
Coronavirus effect: Netflix doubles expected signups but predicts user boom may fade

Netflix is among the few businesses to benefit from government orders imposed in March to keep people away from each other in order to stop the spread of highly infectious novel coronavirus

Japan reported Monday that its exports fell nearly 12% in March from a year earlier as the pandemic hammered demand in its two biggest markets, the U.S. and China. rose 4.4% and Netflix climbed 2.9% as sweeping stay-at-home orders drove demand for online streaming services and home delivery of goods
Volume on U.S. exchanges was 12.01 billion shares, compared with the 14.58 billion-share average for the full session over the last 20 trading days
Led by the sharp fall in the index, the market capitalisation of the BSE-listed companies dropped Rs 3,30,408.87 crore to Rs 1,20,42,172.38 crore
In early trading, London's FTSE 100 gained 1 point to 5,598.74 and Frankfurt's DAX rose 1.3% to 10,410.75. The CAC 40 in Paris added 1.1% to 4,402.91
Also boosting sentiment was data showing China's exports in March fell only 6.6% from the same period a year earlier, a smaller drop than the expected 14% plunge