MARKET WRAP: JSE closes lower as markets digest US employment data

Gold was 1.38% lower at $1,395.49/oz, while platinum slumped 3.36% to $807.69. Brent crude gained 1.19% to $63.91 a barrel.

Shortly after the JSE closed, the Dow was 0.44% weaker at 26,846 points, after having been closed for US Independence Day on Thursday. In Europe, the FTSE had fallen 0.66%, France’s CAC 40 0.48%, and Germany’s DAX 30 0.49%. In Asia, the Shanghai Composite gained 0.19% and Japan's Nikkei 225 0.2%, while Hong Kong’s Hang Seng was flat.

Among gold miners, Gold Fields fell 2.27% to R71.93, Sibanye-Stillwater 2.19% to R15.60, AngloGold Ashanti 1.46% to R247.43, and Harmony 0.64% to R30.86. Naspers gained 0.97% to R3,481.86. On Friday, the internet and media group’s fintech subsidiary PayU said it hadEOH jumped 7.38% to R24 despiteAspen Pharmacare dropped 4.89% to R99.64 after

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 closes lower as markets digest US employment dataThe chances of an interest-rate cut in the world’s largest economy have fallen, putting pressure on the rand and local shares
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE closes lower as rand strength fails to lift banking stocksThe rand broke below R14/$ in intra-day trade on expectations that the US Federal Reserve will cut interest rates
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE closes lower as rand strength fails to lift banking stocksThe rand broke below R14/$ in intra-day trade on expectations that the US Federal Reserve will cut interest rates
Source: TimesLIVE - 🏆 28. / 59 Read more »

Market Theatre: Frontieres: Real-life stories of strangers in a strange and hostile land‘Frontieres’ (Borders), on at the Market Theatre in Johannesburg, is about the people who cross borders and enter South Africa, after fleeing war, famine and poverty, only to find invisible barriers barring them from finding a home.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Earnings Are No Longer an Excuse to Avoid Emerging-Market StocksFor global money managers, the risk-reward balance is tilting in favour of buying into emerging-market stocks rather than staying on the sidelines.
Source: dailymaverick - 🏆 3. / 84 Read more »