Richard Harris of Port Shelter Investment suggests tariffs could negatively impact trade and growth, offsetting the benefits of the ‘big beautiful bill’. Markets initially overlooked tariff concerns, focusing on positive rollbacks. However, tariffs remain high for American buyers. Harris advises caution with equities, anticipating delayed negative effects from tariffs and deficit issues. He believes equities will continue to perform.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires