International Finance: Europe’s worst-hit stocks in 2022 start new year with a rally

Stocks in food-delivery companies, battered last year by souring investor appetite for stocks seen as vulnerable to the cost-of-living crisis, were among the best performers, notching up gains in excess of 7% as UK and Swiss markets also opened after the holiday.

HelloFresh SE helped lead the advance for the Stoxx 600 benchmark as it jumped by as much as 9.5% to undo part of last year’s 70% decline. Just Eat Takeaway.com NV, which tumbled more than 50% in 2022, rose as much as 7.5%, while Delivery Hero SE gained by more than 7%.

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International Finance: JSE starts 2023 where it started 2022 in rand terms, uncertain times ahead2022 was a bad year for global equities, which lost about a fifth of their value in the worst calendar year performance since the global financial crisis over a decade ago. Against this backdrop, the JSE did not fare too badly but we live in uncertain times, clouding the outlook for 2023. 𝐈 𝐚𝐦 𝐡𝐚𝐩𝐩𝐲 𝐬𝐡𝐚𝐫𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐡𝐞𝐫𝐞, 𝐣𝐮𝐬𝐭 𝐰𝐢𝐭𝐡 $𝟏𝟎𝟎𝟎 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐞𝐚𝐫𝐧𝐞𝐝 𝐦𝐞 $𝟏𝟏,𝟏𝟎𝟎 ,in Just 3_days 𝐭𝐡𝐢𝐬 𝐢𝐬 𝐚𝐧 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐲𝐨𝐮 𝐜𝐚𝐧’𝐭 𝐚𝐟𝐟𝐨𝐫𝐝 𝐭𝐨 𝐦𝐢𝐬𝐬. 𝐓𝐡𝐚𝐧𝐤 𝐲𝐨𝐮 Reyes_martha_FX
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