MARKET WRAP: Improved risk sentiment pushes rand to best level since 2019

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Industrial metals, resources and listed property stocks lost the most this week, while banks and financials made the biggest gains

as optimism surrounding the global economic outlook brightened, raising risk sentiment.

“Risk-on trade is gaining momentum, with emerging-market assets coming into favour,” said Chantal Marx, head of investment research at FNB Wealth and Investments. The rand ended a volatile week with gains of 1.7% to the dollar, pushing its 2021 rise so far to about 5.3%. Industrial metals, resources and listed property were the biggest losers this week, down 4.7%, 3.27% and 2.32%, respectively, while banks and financials gained the most, up 1.43% and 1.12%, respectively.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

An awesome days indeed? Finally I’m out of debt caused by that nonentity. I’m highly grateful for this wonderful recovery and help you’ve rendered to me and my family this save up my marriage for it’s not to be broken, I’m forever grateful JezziniSamir

I still can't believe that real account manager exist I am so happy trading with Nancybrown81 i never took her serious because I taught she was a scam like others ,until my first withdrawal of R60,000 within just one week of trading! I am so grateful to her and i can't keep this

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