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Tag Archives: stock markets

Law to strengthen operations of stock markets in offing

Kampala, Uganda | THE INDEPENDENT | Operations of stock markets are expected to be strengthened, once the proposed Capital Markets Authority (Amendment) Bill, 2022 is enacted. Parliament chaired by Speaker Anita Among granted Nathan Igeme, Jinja South Division East MP leave to introduce the Private Member’s Bill during plenary sitting on Wednesday, …

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Deputy Speaker urges Ugandans to invest in stock markets

Kampala, Uganda | THE INDEPENDENT | Deputy Speaker Thomas Tayebwa has interested Ugandans into investing in the stock markets, saying that this will facilitate the money multiplier effect while avoiding business losses. “There are people who are good at multiplying money. So, if I planned to have 60 percent of my savings …

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Equities rise further as recovery hopes offset second wave fears

London, United Kingdom | AFP | Stock markets extended gains Wednesday, although wins were far more modest than the strong rally seen in the previous session, as traders weighed coronavirus treatment and economic recovery hopes against fears of a second wave of COVID-19. In afternoon trading, London and Frankfurt were both up around half a percentage point, …

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World stocks power ahead on rapid recovery hopes

London, United Kingdom | AFP | Stock markets shot higher Tuesday as investor hopes for a quick economic recovery were fuelled by a massive Federal Reserve stimulus programme and evidence of US consumers flocking back to shops. The rally was rooted also in reports that US President Donald Trump is considering a $1.0-trillion infrastructure investment …

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Stock markets slip on fears of second virus wave

Hong Kong, China | AFP | Equities tumbled Monday, extending last week’s losses on fears of a second wave of virus infections around the world that could put the brakes on the easing of lockdowns and a budding economic recovery. While European nations press ahead with their reopening after months of …

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Stock markets bounce back after heavy losses

London, United Kingdom | AFP | US and European stock markets were higher Friday as investors turned buyers again after the previous day’s rout on coronavirus economic fallout fears and the likelihood of a second wave of the pandemic in the United States. The magnitude of the earthquake caused by the …

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World stocks extend gains on economic optimism

London, United Kingdom | AFP | Global stock markets built on strong pre-weekend gains on Monday as optimism that economies are emerging from coronavirus gloom kept buyers onside. On Wall Street, the Dow index was up just over 200 points at the opening bell, while in Europe London and Frankfurt were …

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Stocks mixed on US riots, virus lockdown easing

London, United Kingdom | AFP | Global stock markets were mixed Monday, with US investors keeping a wary eye on violent anti-racism protests across the country and simmering tensions with China over Hong Kong. In Asia and then Europe, the focus was on the progressive easing of coronavirus lockdowns, offering hope …

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Stock markets shrug off US layoffs

London, United Kingdom | AFP | Stock markets mostly rose and the dollar advanced Thursday, gaining traction from optimism over reopening economies and a huge EU coronavirus recovery package, dealers said. Asia bounded higher but Hong Kong failed to maintain early gains as investors fretted over a US decision to revoke …

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