MARKET WRAP: JSE lower but banks shine as rand ends week on a high note

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

The rand gained 2.23% against the dollar this week, but is still down more than 16% in 2020

The JSE closed weaker on Friday as markets continue to be affected by the rising Covid-19 numbers both in the US and globally, even as economic data remains somewhat positive.

US jobless claims for last week were better than expected, helping to lift sentiment regarding the outlook for the world’s largest economy. However, record spikes of Covid-19 infections in Hong Kong and Tokyo have fuelled fears of a second wave hitting Asia; while the number of cases in the US continues to be worrying.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

MARKET WRAP: Platinum miners erase 2020 loses despite still-lower metal priceThe gold price has breached the psychologically important $1,800/oz, its highest level since 2011, as investors continue to pile into safe havens
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

MARKET WRAP: Rand firms as gold takes a little breatherThe JSE all share reached its best level in more than four months earlier, before retreating a little
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

JSE faces Asian market pressure on Friday amid lockdown jittersGlobal stocks have been propelled higher this week by stimulus and vaccine hopes, with tech stocks faring particularly well
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

Market conduct regulator sides with businesses in battle against short-term insurersThe Financial Sector Conduct Authority has slammed insurers who are using the national lockdown as a reason not to pay claims under business interruption policies
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

Market data — July 9 2020Market data including bonds, unit trusts and fuel prices
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

MARKET WRAP: Rand firms as gold takes a little breatherThe JSE all share reached its best level in more than four months earlier, before retreating a little
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »