London — Stocks came under renewed pressure and oil spiked further on Wednesday, as Russia showed no signs of stopping its assault on Ukraine.
European stock indices were in their second day of falls, with the Stoxx 600 down 0.7% at 8.57am GMT, while Germany’s DAX was down 1.2% on the day.Russia said its forces took control of the first sizeable Ukrainian city on Wednesday, seizing Kherson, in the south, as fighting raged around the country.
The best performing ETFs were those exposed to European healthcare and utilities, he said, as well as energy-linked ETFs.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks steady as traders watch UkraineMarkets pause on Tuesday, after days of volatility, with Asian shares inching higher and gold slipping slightly
Source: BDliveSA - 🏆 12. / 63 Read more »
THE FINANCE GHOST: Retails stocks – strictly for the swingersSwing trading’s great, if you get it right, and SA’s retailers — like Truworths — offer all the treacherous fun a trader could wish for, writes The Finance Ghost
Source: FinancialMail - 🏆 20. / 63 Read more »
Stocks withstand Russian invasion, but recession could be fatalShould pressure on economies cause a full-blown downturn, it will be harder for equities to stay resilient
Source: BDliveSA - 🏆 12. / 63 Read more »
Global stocks buckle as disquiet holds swayOil bounces back above $100 a barrel as a huge Russian armoured column heads for Kyiv after shelling Kharkiv
Source: BDliveSA - 🏆 12. / 63 Read more »
IEA members agree release of 60-million barrels from strategic oil stocksCrisis move comes as US and its allies seek to cool oil prices soaring from Russia’s invasion of Ukraine
Source: BDliveSA - 🏆 12. / 63 Read more »
Oil hits $110 a barrel as Russian stocks find few buyersThe disruption to Russian exports has the potential to drive crude prices even higher
Source: BDliveSA - 🏆 12. / 63 Read more »