. REUTERS (CANADA)
Wall St Week Ahead Investors turn to defensive stocks as economic concerns grow
U.S. stock investors worried geopolitical uncertainty and the Federal Reserve’s fight against inflation could dent economic growth are heading for defensive sectors they believe can better weather turbulent times and tend to offer strong dividends.
. MONEY CONTROL (INDIA)
Dalal Street Week Ahead | 10 key factors that will keep traders busy next week
Experts expect consolidation to continue during the week in the absence of domestic and global events, while stock-specific action will be seen as corporate earnings season continues
. THE RIO TIMES (BRAZIL)
Brazilian Stock Exchange President: “Brazil is cheap. It lost relevance among emerging countries.”
Gilson Finkelsztain, president of B3, the Brazilian Stock Exchange, said in an interview with Veja magazine that the country is “very cheap” and, in recent years, “lost relevance even among the emerging countries”.
. FIN24 (S. AFRICA)
Strong rand cushioned SA wheat prices from global extremes
Global wheat prices have increased amid concerns of supply shortages brought on by the conflict between Russia and Ukraine. But domestic wheat prices – while they have lifted – have not done so to the same extent.
. ARAB NEWS (S. ARABIA)
Billion-dollar IPOs by DEWA, Nahdi lift Gulf markets despite global slowdown
Initial public offering activity in the Gulf is booming, with record offerings this year on the back of surging oil revenues and high investor appetite.