MARKET WRAP: JSE ends week on a high note as China’s Evergrande avoids a default

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

All share index climbs the most in two weeks, buoyed by the Chinese property giant making a last-minute coupon payment and solid company earnings across the globe

The JSE gained the most in two weeks on Friday as China Evergrande Group’s last-minute payment of a bond coupon ahead of Saturday’s final deadline helped lift sentiment globally.

Evergrande came back from the brink of default by making a payment to international bondholders, meeting the 30-day grace period it was given after it missed the original deadline...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

There's no greater joy than having financial freedom and a life free debts 😊, that's why I keep posting a comment about Mr Dereck0111

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

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: JSE firms as US profits lift sentimentBut uncertainty about inflation, the global economy and Covid-19 persists and this is likely to keep markets volatile
Source: BDliveSA - 🏆 12. / 63 Read more »

Market data — October 20 2021Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »

EDITORIAL: More bond market data for all is better for everyonePublication of report that gives fuller picture of what foreign investors are doing is welcome I was introduced into his platform by a friend I met online Dennismayson9. I thought it was a scam company as well.... But I was moved to try once again with Dennismayson9 I just wanna share this with my people, it was a WIN and i am GREATFUL.🙏🙏🙏🙏 GRATITUDES.
Source: BDliveSA - 🏆 12. / 63 Read more »

Empowering a nation: Brand South Africa promotes free online toolkit to market the countryBrand South Africa, the official custodian of the country’s brand has built and maintained a strong brand reputation for the country. My wife and one of my daughters passed away a few months ago while I was looking for a job. I'm left with my eldest daughter (5) and I'm struggling💔. I'm asking for any tinned food or food that's nearing the expiry date 🙏.
Source: IOL - 🏆 46. / 51 Read more »

WATCH: Market ReportBusiness Day TV talks to Steven Schultz from Momentum about the day’s market movers
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Market ReportBusiness Day TV talks to Craig Pheiffer from Absa Stockbrokers & Portfolio Management I was impressed by the professionalism of Mr Dereck0111 From the moment of my first free consultation,to the moment I got my profit,he's trustworthy,reliable and understanding... Dereck0111
Source: BDliveSA - 🏆 12. / 63 Read more »