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

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. ..

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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 🤷‍♂️
Source: News24 - 🏆 4. / 80 Read more »

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

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.
Source: dailymaverick - 🏆 3. / 84 Read more »