JSE tumbles as emerging markets buckle under China worries | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

Emerging market stocks slipped on Thursday, with Asian bourses under heavy selling pressure as optimism about China's reopening from Covid-19 restrictions gave way to fears about the spread of the virus globally. | News24_Business

Emerging market stocks slipped on Thursday, with Asian bourses under heavy selling pressure as optimism about China's reopening from COVID-19 restrictions gave way to fears about the spread of the virus globally.

Stock markets in Shanghai, Hong Kong, Taipei and Seoul fell in the range of 0.4% and 1.9%. In its final trading day of the year, South Korea's benchmark KOSPI recorded a 25% loss in 2022, its worst yearly performance since 2008. Adding to the glum mood, Russia fired more than 100 missiles into Ukraine on Thursday, targeting the capital Kyiv where three people were wounded, the northeastern city of Kharkiv, and other cities in a large-scale bombardment, Ukrainian authorities said.

Overall, EM currencies found breathing space as the dollar slipped. The South African rand, the Hungarian forint and the Polish zloty rose in a range of 0.1% and 0.6%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

_Business I was once like you with little or no idea on how to start investing in Crypto even though I was eager to. But the difference now is I'm profiting well while I learn with the help of this trade expert Lisa_berry77. I highly recommend her for beginners and part time traders.

_Business A great platform that can make everybody smile, for my first time hearing about making money online, I thought is fake but when I try it I realize that is real so I won't keep silent I need everyone to smile like me, Randy_Fxhelps

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines

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

41 flights hit by refuelling problem at OR Tambo on Thursday | BusinessAirports Company South Africa says that challenges with refuelling of aircraft impacted 41 flights at OR Tambo International Airport on Thursday. | News24_Business _Business _Business Nothing is impossible, even the words itself says 'I'm possible'. Ssmartboe Her credibility cannot be overlooked, her legitimacy is proven globally, with her I'm earning weekly from investing my own money. Connect with her for greatness..SSmartboe _Business 𝕚𝕟𝕧𝕖𝕤𝕥 𝕨𝕚𝕥𝕙harryjohn369836 𝕚 𝕚𝕟𝕧𝕖𝕤𝕥𝕖𝕕 $1000 𝕒𝕟𝕕 𝕚 𝕘𝕠𝕥 $10,000 𝕒𝕤 𝕞𝕪 𝕡𝕣𝕠𝕗𝕚𝕥 𝕒𝕗𝕥𝕖𝕣 7𝕕𝕒𝕪𝕤, 𝕥𝕙𝕚𝕤 𝕚𝕤 𝕒𝕨𝕤𝕠𝕞𝕖, 𝕥𝕙𝕒𝕟𝕜𝕤 𝕥𝕠 𝕪𝕠𝕦𝕣 𝕔𝕠𝕞𝕡𝕒𝕟𝕪 𝕘𝕠𝕠𝕕 𝕨𝕠𝕣𝕜 ma'amharryjohn369936
Source: News24 - 🏆 4. / 80 Read more »