MARKET WRAP: Shoprite and Aspen boost JSE as miners lag behind

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

The rand fell to about a one-week low, nearing R17/$, with the JSE all share paring gains following the release of second-quarter GDP data

The JSE closed a little higher on Tuesday, despite data showing SA’s economy contracted by the most on record in the second quarter with the data a little worse than expected.

Miners were mostly weaker while all the other major indices gained, with banks and financials faring best. Shoprite and Aspen stood out among the best performers, with good corporate news from both companies.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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: JSE firms ahead of ECB policy meeting on ThursdayThe euro has appreciated significantly since early June and this trend could become a major drag on the European economy, one analyst says
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

African Bank to return to corporate bond market for fundingShareholders have committed to underwriting a maximum of R8bn of fixed and floating rate bonds over a period of nearly three-and-a-half years
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »