News Formal

Rand firms on ECB decision, trade hopes, stocks gain

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

At 1530 GMT, the rand was 0.55% firmer at 14.5900 per dollar.

JOHANNESBURG - The rand rallied in afternoon trade on Thursday as the European Central Bank’s new stimulus measures and mutual concessions by the United States and China in their trade dispute buoyed risk appetite, while stocks also gained.

The ECB news further buoyed riskier bets, already boosted by signs of detente in the US-China trade war. Leading stocks was South African drugmaker Aspen Pharmacare Holdings Ltd, which gained 10.97% to R94.25 after it lowered its full-year debt, which had concerned investors as levels moved close to breaching debt covenants.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 30. in İD

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 boosted after ECB unleashes stimulusMining production increased by 2.4% year-on-year in July, from a contraction of 4.2% in June
Sumber: BDliveSA - 🏆 12. / 63 Baca lebih lajut »