MARKET WRAP: JSE slightly firmer as investors mull political turmoil in UK

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

España Noticias Noticias

Despite political tumult in the UK, risk appetite picked up as some investors become more upbeat about the earnings season

The JSE pared losses to close slightly firmer on Thursday, in line with European and US markets as investors digested the UK prime minister's resignation and strong US corporate earnings.

Liz Truss handed in her resignation on Thursday after just six weeks in office following a failed tax-cutting budget that rocked financial markets last month. The controversial budget was reversed by the new chancellor of the Exchequer Jeremy Hunt days after his predecessor Kwasi Kwarteng was axed. ..

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 12. in ES

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

A market rebellion forced the UK to scrap its economic growth plan. It's a warning for global leaders. | BusinessinsiderThe ferocious market reaction to UK Prime Minister Liz Truss' aggressive tax-cutting plan has forced her to ditch most of her proposals and fire her finance minister, Kwasi Kwarteng – all in the space of only a month. | BISouthAfrica BISouthAfrica Poor African 🤷‍♂️
Fuente: News24 - 🏆 4. / 80 Leer más »

CPI eases slightly, in line with market expectationsThis is the second consecutive monthly decrease in fuel prices
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

Business Maverick: Stocks mixed as US futures climb and pound Advances: markets wrapStocks were mixed in Asia and US equity futures climbed as traders assessed prospects for earnings growth against a backdrop of rising interest rates.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »