News Formal

MARKET WRAP: JSE firms as banking sentiment lifts

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

المملكة العربية السعودية أخبار أخبار

Moves by policymakers and the purchase of most of bankrupt Silicon Valley Bank’s business offer support

The JSE closed firmer on Tuesday in line with the global trend as markets welcomed efforts to halt further turmoil in the banking sector.

Market sentiment improved after news that First Citizens BancShares will buy the bulk of failed Silicon Valley Bank’s business. Bloomberg also reported that deposit outflows from small banks to industry giants such as JPMorgan Chase and Wells Fargo had slowed in recent days...

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

MARKET WRAP: JSE lifts as sentiment in the banking sector improvesRand extends last week’s losses as the US dollar firms
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »

COMPANIES: Premier Group returns to the JSE after an 18-year hiatusThe Premier Group returned to the bourse on Friday, 24 March, giving investors access to trading in South Africa’s oldest food and packaged goods business.
مصدر: dailymaverick - 🏆 3. / 84 اقرأ أكثر »