MARKET WRAP: JSE pushes higher, led by platinums

The JSE pushed higher on Friday, capping its best week since February.

Progress in US-China trade talks as well as positive Chinese data also lifted sentiment. On Thursday, US President Donald Trump said a trade deal with China was about four weeks away, although he did not announce a date for a summit with Chinese President Xi Jinping, reported Dow Jones Newswires. The all share rose 0.11% to 57,776.4 points and the top 40 gained 0.13%. Platinums added 1.22%, gold miners 1.41% and general retailers 0.75%.The rand had its best week since January, boosted by Moody’s decision and investor interest in emerging-market currencies.Attention is now likely to turn increasingly towards the upcoming general election in early May, said Nedbank Corporate and Investment Banking strategist Mehul Daya.

Shortly after the JSE closed the Dow was up 0.14% to 26,416 points, while in Europe, the FTSE 100 had gained 0.64%, the CAC 40 0.3% and the DAX 30 0.14%.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

MARKET WRAP: JSE and rand rally ahead of Moody’s decisionJSE heavyweight Naspers was 0.85% higher at R3,332.14 after reaching its best level in about seven months earlier in the day
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

MARKET WRAP: JSE and rand rally ahead of Moody’s decisionJSE heavyweight Naspers was 0.85% higher at R3,332.14 after reaching its best level in about seven months earlier in the day
Fuente: TimesLIVE - 🏆 28. / 59 Leer más »

MARKET WRAP: JSE pushes above 57,000 points as banks jumpThe JSE closed at a six-month high on optimism on global markets, with local banks faring best after Moody’s opted not to release a report on SA
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

MARKET WRAP: JSE flat as rand retreats slightlyThe local currency gave up some of its recent gains despite Moody’s Investors Service saying that SA’s credit rating was safe for the moment
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

MARKET WRAP: JSE pushes towards 58,000 points, led by minersGlobal sentiment is risk-on again, boosted by reports by the Financial Times that the US and China are ‘90% done’ with a trade deal
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

MARKET WRAP: JSE weakens amid US-China trade talksGlobal markets are mixed while locally retailers fare worst
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

JSE pulls back slightly as market eyes US-Sino trade talksPresident Donald Trump is meeting with Chinese leaders later on Thursday, amid speculation a deal is imminent
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

Business Maverick: Stocks Post Longest Rally of Year; Dollar Gains: Markets WrapU.S. stocks rose for a sixth consecutive day and the dollar strengthened as investors remained bullish about U.S.-China trade negotiations and key jobs data tomorrow in Washington. info well noted daily maverick
Fuente: dailymaverick - 🏆 3. / 84 Leer más »