Global investors favoured safe havens this week after news broke that US Democrats are beginning a process to impeach President Donald Trump.
The JSE ended marginally lower, with the all-share index falling 0.11% and the top 40 0.15%. Banks lost 1.14% and gold miners, which have run hard of late, 4.54%. “The market’s destiny is at Donald Trump’s fingertips. A single tweet ... could send equities rallying, while they could also shatter market sentiment,” London Capital Group senior market analyst Ipek Ozkardeskaya said, adding that Trump’s next move “is anybody’s guess”.
Brent is now back at levels last seen before the September 14 drone attack on Saudi Arabia’s oil production facilities, with the Middle Eastern country saying earlier that production was almost back to pre-attack levels. A rise in US inventories also weighed on prices.
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 closes lower as US politics weigh on global equitiesThe government’s total gross loan debt increased to 58.3% of annual GDP as of June 30 2019, according to data from the Reserve Bank
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »
CHRIS GILMOUR: Market fails to find pots of gold below African RainbowThe company's share price has long traded at a heavy discount to net asset value
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »
Blue Label reports R6.6bn loss, more than twice its market capitalisationBlue Label paid R5.5bn in August 2017 for its stake in Cell C, through its wholly owned subsidiary The Prepaid Company.
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »
MARKET WRAP: JSE closes lower as US politics weigh on global equitiesThe government’s total gross loan debt increased to 58.3% of annual GDP as of June 30 2019, according to data from the Reserve Bank
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »