MARKET WRAP: US Fed’s dovish tone fails to lift JSE

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

A sharp drop by Naspers, due to a tech sell-off in Asia, meant the local bourse failed to track buoyant global markets

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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 edges lower amid global equity-market retreatGloomy Chinese data weighed on sentiment, while global risk remains as Tuesday’s Brexit vote looms
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE lifted by easing US-China tensionProgress in the US-China trade talks injects a sense of optimism into global markets, but a no-confidence vote in UK Prime Minister Theresa May looms
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rand remains firmer following US Fed newsUS Fed chair Jerome Powell confirms that 2019 will see two, not three, rate increases
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE inches higher after bullish GDP numbersPositive local GDP data and a firmer rand failed to lift banks, but retailers and gold miners found favour despite a risk-off tone on global markets
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rand falls on Friday but retains most of week’s gainsThe JSE was dented by global risk aversion, while Naspers’s results failed to lift the market ahead of the Trump-Xi meeting this weekend
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE jumps 2%, led by banks and retailersRisk-on sentiment was beneficial to the rand and local equities on Monday, ahead of a raft of economic data and political events this week
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE slips on trade war risksUS President Donald Trump’s comments that he expected to levy further tariffs on China rattled global markets, while local data also disappointed
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE firms despite worst day for property in eight monthsA Viceroy Research reports sent Nepi Rockcastle tumbling, while Naspers benefited from a bit of optimism over the US-China trade war
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Pressure on the oil price helps fuel JSE’s broad-based gainsAn easing oil price is providing support for miners and the rand, with banks faring best on the day, as the dollar comes under pressure
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Bearish global sentiment weighs on JSEConcern about global growth prospects puts pressure on most equity markets, although local miners are positive for the day
Source: BDliveSA - 🏆 12. / 63 Read more »