MARKET WRAP: JSE closes lower as ECB rate decision weighs on European stocks

The JSE closed lower on Thursday, tracking European stocks after the European Central Bank opted to keep its interest rates unchanged.

Earlier, the Shanghai Composite gained 0.48%, Hong Kong’s Hang Seng 0.25%, and Japan’s Nikkei 225 0.22%. Shortly after the JSE closed, the rand had weakened 1.28% to R14.0623/$, 1.42% to R15.6878/€, and 1.29% to R17.5594/£. The euro had strengthened 0.15% to $1.1156. The JSE all share fell 0.1% to 57,662.90 points and the top 40 0.12%. Banks and financials fell 1.56% and 0.95%, respectively.

Alexander Forbes gained 1.08% to R5.64 after the financial services company earlier announced the sale of its short-term insurance business to Momentum Metropolitan Holdings.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

MARKET WRAP: JSE tracks firmer global marketsLocally, investors were closely watching the special appropriations bill, which allocated R59bn to Eskom
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

US justice department opens probe into Big Tech’s market powerReview looks at whether leading online platforms are smothering competition
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »

Middendorp outlines Amakhosi’s approach to transfer marketClub targets players in their mid-20s rather than younger footballers
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »