Salmon stocks recover after Pfizer coronavirus breakthrough

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Strong stock market lift after vaccine news announced.

U.S. pharmaceutical giant Pfizer and German BioNTech announced on Monday that their vaccine trial was more than 90 per-cent effective against the coronavirus.

This lays the groundwork for a potential vaccine. The two companies released data Monday, from the first part of phase three interim results in large-scale trials.

According to CNBC, one of several media outlets reporting the case Monday, reports that scientists have hoped for a coronavirus vaccine that is at least 75 per-cent effective. Immunologist Anthony Fauci has previously said that one with between 50 and 60 per-cent efficiency would be acceptable.

Salmon stocks rose fast on the stock exchange after the news of the possible breakthrough.

Chilean Salmones Camanchaca climbed the highest, at 10.4 per-cent, ahead of NRS (4.8 per-cent), AKVA group (4.3 per-cent), Grieg Seafood (3.3 per-cent), Mowi (2.4 per-cent), Lerøy (2.1 per-cent) and SalMar (1.6 per-cent).