MARKET WRAP: JSE slips in risk-off trade but gold miners shine

Business News News

MARKET WRAP: JSE slips in risk-off trade but gold miners shine
Business Business Latest News,Business Business Headlines

The local bourse extended losses as US markets opened, with concerns over global growth weighing on equities

The JSE fell on Thursday, tracking weaker global markets, as concerns about the state of the world economy weighed on risk assets.

Losses on the all share were offset slightly by gold miners, who benefited from interest in safe-haven assets. Shortly after the JSE closed gold was up 0.34% to $1,2780.96/oz while platinum was almost unchanged at $883.27. Brent crude was 0.64% higher at $74.96 a barrel.

 

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: Only platinum and gold shine on the JSEMARKET WRAP: Only platinum and gold shine on the JSELocal banks and miners were pressured by a firmer dollar, while local data was also downbeat
Read more »

MARKET WRAP: JSE extends winning run to six consecutive weeksMARKET WRAP: JSE extends winning run to six consecutive weeksThe all share has gained 4.89% so far in April and is now up 12.3% in 2019
Read more »

DATA SERVICES MARKET INQUIRY: Competition Commission: Mobile data market is anti-poorDATA SERVICES MARKET INQUIRY: Competition Commission: Mobile data market is anti-poorMobile data is more expensive in South Africa than comparative countries and the market lacks transparency and is anti-poor, said the Competition Commission on Wednesday.
Read more »

Banks fight moves to protect bond market investors, says FuturegrowthBanks fight moves to protect bond market investors, says FuturegrowthStringent listings requirements help safeguard equity shareholders, but there are divisions over how to strengthen the hand of investors in SA’s corporate bond market
Read more »

WANDILE SIHLOBO: It’s a good time for SA to diversify wool export marketWANDILE SIHLOBO: It’s a good time for SA to diversify wool export marketFurther delays from China are expected after the country suspended imports due to a foot-and-mouth disease outbreak earlier in 2019
Read more »

MICHEL PIREU: Importance of finding a real edge to beat other investors in the marketMICHEL PIREU: Importance of finding a real edge to beat other investors in the marketTo do better than average, your thinking has to be better than that of others, both more powerful and at a higher level
Read more »

CHRIS GILMOUR: The dangerous and murky shark tank of SA’s listed bond marketCHRIS GILMOUR: The dangerous and murky shark tank of SA’s listed bond marketThe JSE has been reformed and stockbroker hooligans removed, but bond institutions lag behind
Read more »



Render Time: 2025-01-09 13:41:35