News Formal

Rand firmer after elections, stocks fall

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The election was seen as the toughest test yet for the ruling African National Congress party 25 years after the party swept to power at the end of white minority rule.

JOHANNESBURG - The rand firmed in early trade on Thursday, a day after an election for a new parliament and provincial legislatures, while stocks fell with Steinhoff the biggest loser on the all-share index.

“It’s too early to tell how the domestic market has interpreted the initial results,” RMB analyst Nema Ramkhelawan-Bhana said in a note. On the stock market, the Top-40 index was down 1.5% while the broader all-share fell 1.4% in early trade.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 30. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

MARKET WRAP: Rand biggest gainer among emerging marketsThe JSE had a good day, with the all share rising to 59,335.9 points, with platinum miners leading the way
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

MARKET WRAP: Rand biggest gainer among emerging marketsThe JSE had a good day, with the all share rising to 59,335.9 points, with platinum miners leading the way
La source: TimesLIVE - 🏆 28. / 59 Lire la suite »

Rand firms against greenback, stocks riseThe dollar weakened as traders focused on weaker aspects of the April US payrolls report.
La source: ewnupdates - 🏆 30. / 53 Lire la suite »

Emerging-market currencies slip, including the randTurkey’s lira is heading for a seven-month low and a rating review, as SA elections are mulled by global markets
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Rand a little firmer as market eyes US-China trade warThe rand weakened on Sunday after US President Donald Trump threatened to tariffs on Chinese imports, although local focus is on the elections
La source: BDliveSA - 🏆 12. / 63 Lire la suite »