MARKET WRAP: JSE advances amid firm global markets and rosy inflation figures

The JSE continued its recovery on Wednesday, boosted by better-than-expected local consumer inflation data as well as global optimism that increased fiscal spending by major economies was on its way.

Interest-rate sensitive stocks including banks and retailers fared well on the day, while higher platinum and oil prices offered support to some miners. Gold had fallen 0.28% to $1,503.40/oz while platinum was 0.34% higher at $851.82. Brent crude rose 1.2% to $60.82 a barrel.

Italia Ultime Notizie, Italia Notizie

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

MARKET WRAP: JSE slips as food and drug retailers suffer big fallFood and drug retailers dropped 3.06%, its worst fall since January 30
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

JSE subdued as global market caution prevailsMarkets await direction from the US Federal Reserve, with local banks shrugging off the rand's overnight push to R15.49/$ on Tuesday morning
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

Sasol’s woes mount on funding issues and market backlashIn company news today | Sasol says it did not share price-sensitive information with certain investors
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

Final report on health market inquiry due out on September 30The inquiry began work in January 2014, and was tasked with investigating the dynamics in the private healthcare market
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

Robust baht, travel trends rattle Thai tourism marketThailand is still a relatively inexpensive destination with picture-perfect beaches and world-famous street food.
Fonte: TheCitizen_News - 🏆 6. / 75 Leggi di più »

MARKET WRAP: JSE slips as food and drug retailers suffer big fallFood and drug retailers dropped 3.06%, its worst fall since January 30
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »