JOHANNESBURG - South Africa’s rand fell against the dollar in late afternoon trade on Wednesday, giving up gains from earlier in the session, following a string of dismal economic data.
Mining output data will be released on Thursday before President Cyril Ramaphosa gives a speech opening parliament. He is expected to give details on government plans for ailing power utility Eskom. On the stock market, the Top-40 index rose 1.56% to 52,000. The broader all-share was up 1.34% to 57,744.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARKET WRAP: Rand gains as coronavirus fears begin to fadeThe JSE also gained on the day, despite the release of disappointing manufacturing production data for December
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: Rand gains as coronavirus fears begin to fadeThe JSE also gained on the day, despite the release of disappointing manufacturing production data for December
Source: BDliveSA - 🏆 12. / 63 Read more »
Market data — February 10 2020Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »