March 28, 2023 9:52 PM
Majority of Global stocks rise after bank sale underpins investor confidence
Majority of the Global stocks on Tuesday rose while the US dollar eased after a deal backed by the U.S. regulator for First Citizens BancShares to buy up Silicon Valley Bank helped alleviate some of the recent concern about the health of the banking sector. However, share markets traded in narrow range as investor showed cautious approach. South-East Asian markets logged gains except China's Shanghai Composite slipped marginally by 0.2 percent. Hong Kong's Hang Seng and South...