MARKET WRAP: JSE weaker as banking sector jitters persist

The JSE tracked weaker global markets on Friday, after shares of Deutsche Bank plunged, raising fresh jitters about the fragility of banks and the outlook for interest rates.

Deutsche Bank’s shares fell by more than 11% in Europe following a spike in credit default swaps — a form of insurance for a company’s bondholders against its default, as concerns about the stability of European banks persisted, Bloomberg reported...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

MARKET WRAP: JSE and rand firm as investors digest US and UK rate hikesFed chair’s dovish comments spurs investor hopes that further monetary tightening could be placed on hold
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

MARKET WRAP: Rand firms as focus turns to Fed meetingCurrency gains on rising likelihood of higher local rates after Stats SA reports worse-than-expected inflation data for February
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

FINANCIAL LITERACY: JSE Investment Challenge kicks off for the 50th yearIn a bid to raise financial literacy and get more youth to start investing, the JSE has opened the virtual trading floor of its flagship financial literacy programme – the JSE Investment Challenge – for the 50th year.
Sumber: dailymaverick - 🏆 3. / 84 Baca lebih lajut »