MARKET WRAP: JSE gets a boost from China’s $146bn stimulus pledge

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Italia Notizia Notizia

Insurance stocks take a beating on news that the Competition Commission is investigating at least eight of them for possible collusion

The JSE finished convincingly higher on Thursday after an action-packed session as the reporting cycle by SA companies is in full swing.

Banking stocks had a decent session, gaining almost 1%, after coming off sharply in recent sessions, though the sell-off had come from a high base. But insurance stocks reversed gains to close 2.02% weaker after the Competition Commission said it was investigating at least eight of them for possible collusive behaviour.

Capital & Counties ended 1.47% softer at R24.88, marking its lowest level since November 2020, while Hammerson dropped 3% to R4.35.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie