MARKET WRAP: JSE and rand firm as China plans to ease lockdown restrictions

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business Business Headlines News

Rand trades at its best level in three weeks while JSE rises 2% on improved sentiment

The rand was stronger on Monday, touching its best level in three weeks, while the JSE firmed along with its global peers with sentiment supported by China relaxing some Covid-19 restriction measures.

China reported the fewest new Covid-19 cases in almost three months on Sunday, with the easing of outbreaks in Beijing and Shanghai giving authorities the confidence to relax some of the strictest virus controls of the pandemic and to stimulate the country’s stalling economy...

 

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

Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Allison_Grillo and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Allison_Grillo.

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 upheavals frustrate UN climate pactSix months after the world agreed in Glasgow to a UN climate pact with bold new targets, political and business leaders are grappling with how to cut carbon emissions amid an energy crisis, volatile markets and an economic downturn.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Behind Richemont’s market maulingNot known as ‘Rupert the bear’ for nothing, the Richemont chair’s cautious outlook sent the company’s stock into a tailspin. But a panicky sell-off could be the ultimate buying opportunity.
Source: FinancialMail - 🏆 20. / 63 Read more »

SA trails behind global market with 1.5K electric vehiclesThe local electric vehicle market sees slow but steady growth − with sales marketed exclusively from premium brands − reaching 1 559 units at the beginning of 2022. IEA uYiloZA Because it’s the only market…?
Source: ITWeb - 🏆 45. / 51 Read more »

Samsung claims biggest chunk of smartphone market in 5 yearsNearly one in every four smartphones sold globally in April 2022 was made by Samsung.
Source: mybroadband - 🏆 11. / 67 Read more »