. At 6pm, it had firmed 0.42% to R14.8866/$, 0.8% to R16.4648/€ and 1.7% to R19.3803/£. The euro was 0.33% lower at $1.1059.
Some analysts believe the rand’s gains came off an oversold position, as it was among the worst-performing emerging-market currencies last week due to a global risk-averse environment caused by the coronavirus.for about R3.252bn. These include purchasingThe Wagner Asia Equipment business will be combined with the current Barloworld Russian business unit into a newly formed Equipment Eurasia unit.
Barloworld’s share price was down 0.21% to R93.20, and has now plunged 17.32% so far in 2020. January saw it fall 17.15%, its worst month since May 2018.
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China to inject $174 billion of liquidity on February 3 as markets reopen - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.China’s central bank said it will inject 1.2 trillion yuan ($173.8 billion) worth of liquidity into the markets via reverse repo operations on Monday, as the country prepares to reopen its stock markets amid a new coronavirus outbreak. Cc Sandilekhowane YEN crosses should be closely looked at during this period of weekend market analysis.
Source: SABC News Online - 🏆 32. / 51 Read more »
Shanghai stocks hit by $370 billion wipeout as virus fears pound Chinese markets - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Chinese stock and commodity markets fell heavily at the open on Monday, in the first trading session after an extended Lunar New Year break, as investors dumped risky assets in response to rising fears about the spread of a new virus across China.
Source: SABC News Online - 🏆 32. / 51 Read more »