The JSE gained on Wednesday but miners lost some ground after the US Federal Reserve threw cold water on market expectations of aggressive interest-rate cuts in the US.
At 5.50pm, the rand had strengthened 0.83% to R14.2314/$, 0.64% to R16.2075/€, and 0.75% to R18.0753/£. The euro was a 0.17% firmer at $1,1388. The JSE all share rose 0.13% to 58,421.70 points and the top 40 0.24%. Gold miners fell 2.2% and the platinum index 2.43%. Rand hedges closed lower as the rand looked set for its second day of gains against the dollar. British American Tobacco fell 2.3% to R499.17, AB InBev 1.02% to R1,259.15, and Richemont 0.42% to R119.50.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
MARKET WRAP: JSE slips as investors shy away from risk assetsRising tension in the Middle East and the US-China trade war continue to weigh on equities, with local banks and retailers again under pressure
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
‘The Zim market was self-dollarising ... it was out of control’Finance minister explains move to ban the US dollar, but experts say the consequences are 'unimaginable'
La source: SundayTimesZA - 🏆 47. / 51 Lire la suite »
‘The Zim market was self-dollarising ... it was out of control’Zimbabwe fast-tracked the introduction of a new currency because the use of the US dollar has caused a lot of suffering, finance minister Mthuli Ncube told Times Select. You want an example of the outcome of inept government, her is one of the best. A prime example of a death spiral, from fabulous to £€£€¥ in the shortest possible time. Ummm Wow
La source: TimesLIVE - 🏆 28. / 59 Lire la suite »
La source: SABC News Online - 🏆 32. / 51 Lire la suite »