The oil price also plunged during the week, falling almost 5%, although interest-rate sensitive shares including banks and retailers pushed lower despite this.
Sasol recovered 0.83% to R356.50. Earlier in the week it said that its Lake Charles project in the US would cost R1.1bn more than it previously expected.Rand hedge British American Tobacco gained 1.14% to R546.07. Ascendis Health added 0.61% to R4.93, recovering a little from Thursday's 3.54% fall. It said shortly before markets closed on Thursday that its CEO, Thomas Thomsen's, contract had been terminated with immediate effect.
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MARKET WRAP: JSE slips below 56,000 points led by NaspersThe US-China trade war pressure on both the local bourse and global equities continues, with JSE heavyweight Naspers falling more than 3% Naspers value is tied to Tencent, a Chinese company. Naspers is too big as a percentage of the JSE Top 40 for the market’s health.
منبع: BDliveSA - 🏆 12. / 63 ادامه مطلب »
MARKET WRAP: JSE slips below 56,000 points led by NaspersThe US-China trade war pressure on both the local bourse and global equities continues, with JSE heavyweight Naspers falling more than 3%
منبع: SundayTimesZA - 🏆 47. / 51 ادامه مطلب »
MARKET WRAP: Miners keep JSE lower as Sasol plunges almost 13%Positive local economic and political news helped boost sentiment a little, but corporate news was mostly negative on the day
منبع: BDliveSA - 🏆 12. / 63 ادامه مطلب »
MARKET WRAP: JSE drops to four-month low in broad-based lossesThe JSE suffered along with most global equity markets as the US-China trade conflict persists, with local banks faring worst on the day
منبع: TimesLIVE - 🏆 28. / 59 ادامه مطلب »
MARKET WRAP: JSE recovers a little after dismal weekThe local bourse snapped a five-session losing streak on Friday, but weakened for the third week in a row amid US-China trade war concern
منبع: BDliveSA - 🏆 12. / 63 ادامه مطلب »
Cynical bid to lock down lucrative chicken marketThe affordability of meat for households will be under threat if the South African Poultry Association (Sapa) achieves its aim of having more duties imposed on chicken imports.
منبع: SundayTimesZA - 🏆 47. / 51 ادامه مطلب »
Gunmen kill 19 at fish market in northeast DRCAt least 19 people were killed when gunmen attacked a fish market in northeast Democratic Republic of Congo (DRC) near Lake Albert, local officials said on Sunday.
منبع: TimesLIVE - 🏆 28. / 59 ادامه مطلب »
منبع: BDliveSA - 🏆 12. / 63 ادامه مطلب »