The JSE was little changed on Thursday as investors paused for breath after Credit Suisse was handed a lifeline, bringing a measure of calm to the markets.
Credit Suisse announced it secured $54bn from the Swiss National Bank to alleviate short-term liquidity issues, leading to a rebound in its shares after they plunged to a record low on Wednesday when the Saudi National Bank, Credit Suisse’s largest investor, said it would not provide additional assistance. ..
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARKET WRAP: JSE plunges as banking sell-off continuesCredit Suisse’s woes add to growing fears about the health of financial institutions following the collapse of Silicon Valley Bank
Source: BDliveSA - 🏆 12. / 63 Read more »