News Formal

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

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

Sverige Nyheter Nyheter

Bank of England steps in to calm investors’ frayed nerves by announcing a massive emergency bond buying programme

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...

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Some months back I had no way of taking care of my kids , had no job or money also struggling through the pandemic,so I decided to try Bitcoin trading with the help of Allison_Grillo I was able to earn R130,000 now am financially stable.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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
Källa: News24 - 🏆 4. / 80 Läs mer »

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.
Källa: ReutersAfrica - 🏆 31. / 53 Läs mer »