MARKET WRAP: JSE comes back from 12-month low in volatile trade

The JSE ended weaker on Wednesday, but news that the Bank of England had stepped in to shore up market sentiment kept the losses to a minimum.

The all share initially fell more than 2% after US Federal Reserve officials reiterated overnight that the central bank will stick to its aggressive anti-inflation plan, but the benchmark index had pared the loss to 0.34% by the close, ending the session at 63,808.32 points...

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UK market crisis: Bank of England starts buying UK bonds | Fin24The Bank of England stepped in Wednesday to buy UK government bonds to shore up market confidence after Britain's heavily-criticised budget aimed at fighting inflation. | News24_Business
مصدر: News24 - 🏆 4. / 80 اقرأ أكثر »

Ex-central bank chief named Kenyan finance minister amid rising inflationKenyan President William Ruto on Tuesday appointed former central bank governor Njuguna Ndung'u as finance minister to steer the economy through rising inflation, a heavy debt burden and drought.
مصدر: ReutersAfrica - 🏆 31. / 53 اقرأ أكثر »