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Tag Archives: investors

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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Stock markets surge on swift recovery hopes

London, United Kingdom | AFP | Growing optimism about a swift global economic recovery pushed equity markets sharply higher Wednesday, as investors took heart from further easing of lockdowns while looking past China-US tensions and civil unrest across America. The upbeat mood — and hopes for an extension to a massive …

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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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Stock markets firmer on lockdown easing hopes

  Paris, France | AFP | Global stock markets were firmer Monday, buoyed by the prospect of further easing of coronavirus lockdowns despite sharp increases in case rates in some countries such as Brazil. On the downside, an upsurge in Sino-US tensions, especially over Chinese plans to introduce a national security …

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Museveni warns investors to desist from constructing in wetlands

Kampala, Uganda | THE INDEPENDENT  |  President, Yoweri Museveni has warned the general public and investors against encroaching on wetlands. He says the structures constructed in wetlands block water, which can lead to severe floods. Speaking to journalist at the Jinja based State Lodge on Tuesday night; Museveni said government shall …

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