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High interest rates, market fragmentation cripple Uganda’s shea butter exports

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High interest rates, market fragmentation cripple Uganda’s shea butter exports

Beyond financial bottlenecks, Ms. Summer pointed out that supply chain inefficiencies and geographical isolation hamper the steady aggregation of shea nuts needed for bulk processing and export

Directly affected

  • No company is named in this report.

Indirectly affected

  • JPM JPMorgan Chase-5.3%

    Bank profits move with lending and interest rates

  • BAC Bank of America-15.0%

    Bank profits move with lending and interest rates

  • WFC Wells Fargo-7.1%

    Bank profits move with lending and interest rates

  • C Citigroup-11.4%

    Bank profits move with lending and interest rates

  • TLT iShares 20+ Year Treasury Bond-1.8%

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond-0.9%

    Treasury bonds move when yields change

  • GS Goldman Sachs-11.4%

    Bank profits move with lending and interest rates

  • MS Morgan Stanley-13.1%

    Bank profits move with lending and interest rates

  • XLF Financial Select Sector SPDR-3.9%

    A fund of financial companies

  • KBE SPDR S&P Bank-3.4%

    A fund of bank stocks

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
JPM+0.58%+1.08%baseafter closeafter closeafter closeafter close
BAC-0.32%+0.51%baseafter closeafter closeafter closeafter close
WFCNo price data for this ticker———————
CNo price data for this ticker———————
TLT-2.31%-1.35%baseafter closeafter closeafter closeafter close
IEF-1.06%-0.90%baseafter closeafter closeafter closeafter close
GS+0.00%+3.31%baseafter closeafter closeafter closeafter close
MSNo price data for this ticker———————
XLF-1.49%+0.21%baseafter closeafter closeafter closeafter close
KBENo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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High interest rates, market fragmentation cripple Uganda’s shea butter exports Daily Monitor

Source: Daily Monitor

This story

CompanyWhenMoveStatus
BACthree days earlier+0.51%final price
BACfive days earlier-0.32%final price
GSthree days earlier+3.31%final price
GSfive days earlier0.00%final price
IEFthree days earlier-0.90%final price
IEFfive days earlier-1.06%final price
JPMthree days earlier+1.08%final price
JPMfive days earlier+0.58%final price
KREthree days earlier-2.55%final price
KREfive days earlier-4.40%final price
SHYthree days earlier-0.27%final price
SHYfive days earlier-0.24%final price
SPYthree days earlier+1.75%final price
SPYfive days earlier+0.89%final price
TLTthree days earlier-1.35%final price
TLTfive days earlier-2.31%final price
XLFthree days earlier+0.21%final price
XLFfive days earlier-1.49%final price

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Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“High interest rates, market fragmentation cripple Uganda’s shea butter exports” scores 12 out of 100. The score uses 1 sources.