Stock market news

Game Changer: Ethiopia Launches New Stock Market to Attract Global Investors!

by
Game Changer: Ethiopia Launches New Stock Market to Attract Global Investors!

The latest move to entice investors to a country reeling from a civil war and battling to handle regional instability is Ethiopia’s launch of a stock exchange after a five-decade hiatus. Ethiopia Investment Holdings is selling Ethio Telecom shares in order to generate up to 30 billion birr US ($234 million) for an IPO. Ethiopia … Read more

HMPV Virus Sparks Fear: Is a Stock Market Crash on the Horizon?

by
HMPV Virus Sparks Fear: Is a Stock Market Crash on the Horizon?

Stock market investors decided to be cautious after the Indian government confirmed two Human Metapneumovirus (HMPV) cases in Karnataka and one in Gujarat, amid concerns of a virus outbreak wreaking havoc in China. As a result, the Nifty lost almost 1.6% and the Sensex closed the day down about 1,258 points. A massive sell-off in … Read more