As the world continues to face challenges in dealing with the Coronavirus (COVID-19) pandemic, we are taking steps to provide some safety measures to our clients and staff.
Given the wide-ranging impact of the pandemic and in line with advice from government and the World Health Organisation (WHO), limiting unnecessary human contact is an invaluable precaution. We therefore strongly encourage you to use our suite of digital tools and trading platforms for your financial needs. Digital platforms provide an efficient, fast, safe and nearly instantaneous solution to many, if not all your investing requirements, away from public spaces.
KEEPING EVERYONE SAFE
The safety of our employees and clients is something that we care deeply about. While the extent of COVID-19 is still unknown, our plans have the necessary flexibility to evolve as the situation requires.
As a result, Sharenet will unfortunately not be accommodating client meetings at a branch level, for the forceable future. As soon as the situation changes, we will advise you, our valuable clients accordingly.
The widespread concern around COVID-19 creates the perfect opportunity for cybercriminals to defraud customers. To ensure protection against targeted ransomware and Malware attacks, remember to install the latest version of a Multi-layered Antivirus program and never share your account details online or via email.
Sharenet remains fully operational and should you experience any technical difficulty, rest assured that our superior support staff is ready to assist with any technical queries and can be reached on:
25/09 Stocks fell 2% around the
globe this week and the dollar posted its strongest weekly
performance since April as concern over the economic effect of a
second wave of coronavirus-related lockdowns weighed on
investors' risk. . .
25/09 The Canadian dollar weakened to
a seven-week low against its U.S. counterpart on Friday as
rising economic and political uncertainties raised demand for
safe-haven currencies, with the loonie losing ground for the
third straight week.. . .
25/09 The dollar gained ground on Friday and measured its biggest weekly gain
since early April as investors worried about a slowing economic recovery, rising coronavirus infections in
Europe, uncertainty about U.S. stimulus, and. . .
25/09 A strong dollar pressured most Latin
American currencies on Friday, with Colombia's peso leading
losses after the country's central bank cut interest rates to a
The bank trimmed the. . .
25/09 Sterling erased earlier gains in
a choppy session on Friday as investors hoped Britain's new
scaled-back job support scheme would be followed by other fiscal
measures but feared talks about a move to sub-zero. . .
25/09 Argentine companies are
facing an increasingly difficult task to keep up with payments
on dollar debt, hiking the risk of a wave of corporate defaults
after the country tightened access to foreign currency to. . .
25/09 Shares on the Johannesburg
Stock Exchange (JSE) fell sharply on Friday, giving up gains
made earlier in the week, amid concerns that rising coronavirus
cases around the world could delay economic recovery.. . .
25/09 Japanese Finance Minister Taro
Aso said on Friday that China's participation in a debt relief
initiative dubbed "DSSI" was insufficient and that the Group of
Seven (G7) advanced economies must put more pressure on. . .
25/09 The launch of a digital euro
to complement cash is not imminent and the European Central Bank
needs consult broadly and experiment rigorously before making
any decision, ECB policymaker Pablo Hernández de Cos said. . .
25/09 India and Indonesia shares led gains in
Asia on Friday as signs of progress on U.S. fiscal stimulus
eased the pressure on stock markets globally, although concerns
about a second wave of coronavirus infections. . .
25/09 The Australian dollar was on
Friday set for its worst weekly performance since mid-March as
investors bet on further monetary policy easing in the country,
while its New Zealand peer was also on track. . .
25/09 The yuan strengthened against
the dollar on Friday as China's inclusion in a key global bond
index bolstered expectations of a significant increase in
capital inflows into the country.
Investors cheered. . .
25/09 China's onshore yuan forwards
rose to the highest in nearly three years on Friday after news
its government bonds would be included in FTSE Russell's
flagship World Government Bond Index (WGBI).. . .
24/09 Mexico's central bank on
Thursday again lowered borrowing costs to help stimulate an
economy battered by the coronavirus pandemic, but reduced the
pace of the cuts to a quarter of a percentage point in. . .
24/09 The Canadian dollar
strengthened against its U.S. counterpart on Thursday as oil
prices rose and Ottawa raised support for the unemployed, with
the loonie bouncing back from an earlier seven-week low, which
it hit as. . .
24/09 The U.S. dollar lost ground as equities gained in volatile trading on
Thursday with investors betting on the prospects for a new U.S. stimulus package to boost the
coronavirus-battered economy after data showed. . .
24/09 Latin American stocks gained on Thursday
and currencies reversed early losses, with an expected interest
rate cut by Mexico's central bank not hindering the peso's
The peso broke a four-session. . .
24/09 German Finance Minister Olaf
Scholz on Thursday pledged to speed up euro zone financial
reforms aimed at regulating crypto-assets and deepening capital
markets, which he said could help accelerate the economic
recovery from COVID-19.. . .
24/09 Hungary's central bank
unexpectedly raised the interest rate on its one-week deposit
tool by 15 basis points to 0.75% on Thursday, but the
surprise hike failed to give a substantial boost to the
weakening forint.. . .
24/09 Pakistan's foreign
exchange reserves decrease $119 million to $12,701.6 million in
the week ending Sept 18, compared to $12,820.4 million in the
previous week, central bank said on Thursday.
RESERVES. . .
24/09 Turkey's lira charged higher against the
dollar on Thursday as investors cheered the central bank's
surprise move to raise its policy rate, while emerging market
stocks dropped to two-month lows.. . .
24/09 The Swiss National Bank is ready
to buy more foreign currency, it said on Thursday, citing global
political risks which could heap appreciation pressure on the
safe-haven franc and stall Switzerland's post-coronavirus
economic recovery.. . .
24/09 A new jobs support scheme
announced by British finance minister Rishi Sunak will not
prevent many furloughed workers from losing their jobs, the head
of the Institute for Fiscal Studies (IFS) think-tank said on
Thursday.. . .
24/09 A new government programme to
support employers who bring staff back part-time will save
hundreds of thousands of jobs, the Confederation of British
Industry employers' organisation said on Thursday.. . .
24/09 Britain's opposition Labour
Party accused the government of being too slow to help
businesses and employees struggling with the coronavirus crisis,
saying many people had already lost their jobs.. . .
24/09 British finance minister Rishi
Sunak announced a new jobs support scheme on Thursday that would
help firms employ people on shorter hours, but warned he could
not save every business or job.. . .
24/09 British finance minister Rishi
Sunak said on Thursday he would introduce a new scheme to give
businesses flexibility to repay loans taken out during the
coronavirus crisis, giving them up to 10 years to. . .
24/09 Britain will extend the length
of bounceback loans for businesses, introduced to mitigate the
impact of the COVID-19 pandemic, from six years to 10 years,
finance minister Rishi Sunak said on Thursday.
(Reporting by David. . .
24/09 The Hungarian forint
firmed on Thursday, after the central bank unexpectedly raised
the interest rate on its one-week deposit facility by 15
basis points to 0.75%.
The forint had weakened in. . .
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