Positive outlook despite short term challenges: Ramsay Health Care Limited withdrew its joint venture with Chinese company Jinxin in the city of Chengdu, indicating the group’s cautious stance while expanding its business. Investors have been positive on the stock despite the Brexit outcome, even though Ramsay Health Care Limited has over 36 hospitals in the U.K. and derives over 11% of its revenue from the region. The stock rose over 13.1% in the last four weeks as of July 28, 2016 and delivered 21.7% returns in the last three months.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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