MAKING BANK ·
Subscribers

What do geopolitical turmoil and conflict do to markets?

As more become fearful, it is likely that opportunities could open up for those looking for value in markets

GLOBAL markets have been in turmoil since Russia began its invasion of Ukraine on Feb 24.

As soon as Russian President Vladimir Putin announced a "special military operation" against Ukraine, markets have seen large intraday swings as investors react to live streams of information online.

On the first day of the invasion, the pan-European Stoxx 600 index shed 3.3 per cent and sank to its lowest level since May 2021 on expectations of severe sanctions on Russian oil and gas exports.

While the S&P 500 declined 2.6 per cent at its lowest, the US' initial announcement of weaker sanctions gave markets a boost, bringing the index up 1.5 per cent for the day.

The conflict comes at a time when markets and...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes