Share market lower on weak leads
Market had closed as low as 431 but had moved as high as 539 in the afternoon.
There had been weak demand for shares as investors expected the rally to continue as the recovery began to ramp up.
In a sign of the market’s weakness, shares on Wednesday dropped by more than 4 per cent as investors were keen for investors to be ready for gains in the coming week, despite rising demand on foreign exchanges for shares that could be sold at depressed rates before the rally starts.
A slowdown in demand is unlikely to affect the broader market, as shares continued to rise.
A separate statement from Deutsche Bank said that after the market closed earlier this week, the bank was reviewing all options, including a sell-off, for German clients with long positions as they could “have some material impact on the value of their shares”.
A key issue for the financial markets will be whether there will be an orderly market withdrawal or a fresh bout of weakness in the ma샌즈 카지노rkets, as Germany’s largest lender has to plan accordingly.
The Bank of Canada’s rate hike announcement has given rise to concerns about the country’s recovery.
Some commentators have pointed to a sharp rise in global risk-taking on Wall Street in recent months. This could put even more pressure on bond markets in the immediate future, although it is yet to be seen if the strength of the euro zone economy will have any effect on the US’s ability to support its currency, the dollar.
Additional reporting by Associated Press