JSE lifts as turmoil from banking troubles subsides
Bloomberg reports that US authorities are considering expanding an emergency lending programme for banks
28 March 2023 - 11:12
The JSE was up on Tuesday morning, with its global peers mostly firmer as markets attempted a rebound from the global banking turmoil.
Market sentiment improved as a series of events helped sentiment in the banking sector. Bloomberg reported at the weekend that the deposit outflows from small banks to industry giants such as JPMorgan Chase and Wells Fargo had slowed in recent days. ..
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