The prospect of looser global monetary policy helped buoy both the JSE and global markets on Friday, with local banks and gold miners faring particularly well.
The rand began the day well, but gave up gains as the dollar jumped against the euro after the Fed downplayed Williams’s comments. Pioneer Foods surging 32.09% to R102.50. It said earlier that Shortly after the JSE closed, gold had taken a little breather from the day’s high, to $1,426.23/oz, while platinum was flat at $848.57. Brent crude was 0.56% lower at $62.18 a barrel.
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.
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE closes higher and rand firms on repo rate cutThe Reserve Bank monetary policy committee voted unanimously to cut interest rates by 0.25 percentage points to 6.5%
Source: TimesLIVE - 🏆 28. / 59 Read more »
Liberty says earnings surged in the first half as equities recoveredJSE rally boosts financial services group by up to 55%
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: BDliveSA - 🏆 12. / 63 Read more »