News Formal

MARKET WRAP: JSE slips in risk-off trade, with banks and retailers faring worst

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Italia Notizia Notizia

Global markets begin the week lower as fears mount that the US and China won’t bury the hatchet over trade later this week

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.

 

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

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

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
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

Youth-owned township businesses complain of market access barriers | Sunday IndependentIf youth-owned businesses grew, they would hire other young people and reduce the high unemployment rate among youth.
Fonte: IOL - 🏆 46. / 51 Leggi di più »

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
Fonte: SundayTimesZA - 🏆 47. / 51 Leggi di più »