MARKET WRAP: JSE pushes higher for fifth month in a row

The all share fell 0.23% to 58,528.4 points and the top 40 0.21%. Platinums fell 2.23% and industrials 0.19%. General retailers added 0.71%.

The JSE has been given a boost so far in 2019 by both a dovish turn by the US Federal Reserve, and by economic data showing that the global economy isn’t slowing as fast as feared. Although local economic growth is muted, it is worth noting that the JSE does not fully reflect the SA economy, with more than half of revenue generated overseas, said Old Mutual multi-managers strategists Dave Mohr and Izak Odendaal.

US non-farm payrolls numbers are due on Friday. Volatility in local markets could pick up ahead of next week Wednesday’s national elections.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE pushes higher for fifth month in a rowThe local bourse closed a little lower on Tuesday, but ended April 3.66% up, with its monthly winning-streak the longest in five years
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE slips ahead of data-heavy weekVolumes on the local bourse were low on Monday, ahead of a busy week in terms of global economic news, as well as Wednesday's public holiday
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE slips ahead of data-heavy weekVolumes on the local bourse were low on Monday, ahead of a busy week in terms of global economic news, as well as Wednesday's public holiday
Source: TimesLIVE - 🏆 28. / 59 Read more »

MARKET WRAP: Only platinum and gold shine on the JSELocal banks and miners were pressured by a firmer dollar, while local data was also downbeat
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE slips in risk-off trade but gold miners shineThe local bourse extended losses as US markets opened, with concerns over global growth weighing on equities
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE trades a bit higher as market eyes new catalystsIt is a busy week in terms of corporate data and economic news, and volumes may be subdued by the Workers' Day public holiday on Wednesday
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE’s six-week winning run comes to an endThe JSE edged higher on Friday, but ended the week down, with banks faring best on the day after much higher-than-expected US GDP data
Source: BDliveSA - 🏆 12. / 63 Read more »

DATA SERVICES MARKET INQUIRY: Competition Commission: Mobile data market is anti-poorMobile data is more expensive in South Africa than comparative countries and the market lacks transparency and is anti-poor, said the Competition Commission on Wednesday.
Source: dailymaverick - 🏆 3. / 84 Read more »

CHRIS GILMOUR: The dangerous and murky shark tank of SA’s listed bond marketThe JSE has been reformed and stockbroker hooligans removed, but bond institutions lag behind
Source: BDliveSA - 🏆 12. / 63 Read more »