The JSE tracked global markets lower on Monday amid concerns that the US-China trade war will get worse before it gets better.
Gold was benefiting from investor interest in safe-haven assets, as well as from the weaker dollar, but local banks and retailers were under pressure. Gold was up 1.22% to $1,415.70 an ounce and platinum 0.14% at $811.08. Brent crude was 1.13% lower at $64.55 a barrel. Woolworths dropped 1.97% to R48.23, TFG 1.58% to R182, Truworths 1.51% to R74.35, Massmart 1.4% to R63.50 and Mr Price 1.26% to R205.51.
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.
JSE flat as market eyes US-Iranian tensionRisk-appetite is expected to be limited at the start of this week, as investors eye Middle-Eastern developments, and wait for a US-China meeting
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: IOL - 🏆 46. / 51 Read more »
SA needs a big business boost, but just how pro-business is Cyril?Some of his Sona speech sounded decidedly pro-market, but there was a whiff of the developmental state To me cyril is more for big businesses small businesses dont seem to be on his agenda Lets be absolutely open and frank. The ANC should never be in government because they are destroyers instead of being builders. Since 1994 together with their SACP parasites and hyena trade unions have shut down thousands of viable factories on the instruction of China
Source: SundayTimesZA - 🏆 47. / 51 Read more »