MARKET WRAP: JSE slips as risk appetite wanes

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

Business News News

Another hawkish comment from the Fed fuels caution on equities and commodities, while dollar recovers some ground

The JSE ended weaker for a second straight session on Thursday, reflecting the moderation in risk appetite globally after more hawkish remarks from Federal Reserve officials.

The all-share index gave up 0.56% to settle at 72,195.32 points, dragged lower mainly by miners and big industrial stocks. Still, the all-share is up 8% in the month to date...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 TimesLive Premium.

 

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.

Business Maverick: Stocks, dollar seesaw amid Biden missile comments: markets wrapShares in Asia unwound much of their earlier fall after US President Joe Biden said a missile that struck Poland was unlikely to have been fired from Russia.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Asian stocks mixed, US yield curve flashes warning: markets wrapStocks in Asia were mixed while a closely watched section of the US yield curve remained near levels not seen in four decades – a sign of investor concern about the world’s biggest economy.
Source: dailymaverick - 🏆 3. / 84 Read more »