MARKET WRAP: JSE weaker as US stimulus ‘already priced in’

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The all share lost 0.52% and the top 40 0.49%, with the rand falling along with its emerging-market peers

The JSE tracked weaker European markets on Friday, pulled lower by resources, property and general retailers, as investors assessed the much-anticipated US Covid-19 relief plan and stricter lockdowns amid surging Covid-19 cases in some parts of the world.

US president-elect Joe Biden has proposed a $1.9-trillion stimulus plan to fund immediate relief for the pandemic-wracked US and jump-start the world’s largest economy. Global stocks initially firmed on Thursday on reports that the stimulus package could be bigger than expected. ..

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 CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

MARKET WRAP: JSE drops due to volatile equity marketJSE weakens with global equity markets as retail traders cause havoc on US markets Get a trusted Bitcoin expert and stick to hes Marksust7 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE weaker ahead of US Fed’s decisionThe all share fell for a second day, with Naspers down due to a weaker close by Tencent in Hong Kong Get a trusted Bitcoin expert and stick to hes Marksust7 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE and rand gain as global stocks recover on positive US jobs dataThis is despite growth in the US economy slowing in the final quarter of 2020
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE hits record high on prospects of US stimulusThe JSE tracked firmer global markets despite SA's vaccine setback, with the health minister assuring things will be back on track soon
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE slips as US bond yields rise againVolatility returns to US treasuries after Biden signs the $1.9-trillion relief bill into law, weighing on stocks and emerging-market currencies
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE down again ahead of US Fed meetingThis was the fourth day of losses for the JSE, with Wednesday’s fall the biggest in almost three weeks
Source: BDliveSA - 🏆 12. / 63 Read more »