MARKET WRAP: JSE turns negative in late trade as Brexit continues to weigh

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Finance minister Tito Mboweni is set to present his medium-term budget policy statement on Wednesday, while Moody’s will report on Friday

The JSE closed lower on Friday as investors sit on their hands ahead of a busy week of key events.

International markets were mixed, with most a little higher on optimism that the US and China will soon finally reach a deal in an attempt to end their 15-month trade war, which has had a deleterious effect on the global economy. Analysts say Mboweni has a difficult task ahead of him as weakening GDP growth, coupled with increased government spending and a higher national debt burden, leave him little space for comfort.

The JSE all share fell 0.61% on Friday with the top 40 relinquishing 0.54%. Industrials led the losses, down 1.4%, while gold miners rose 1.38% and resources 0.47%.

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
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

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 drops for a second day on Brexit concernsConsumer inflation moderated to an annualised 4.1% in September from 4.3% in August, according to data from Statistics SA
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

MARKET WRAP: Banks lead JSE lower as markets await decision on Brexit extensionThe rand closed flat against the dollar, but had strengthened slightly against the euro and the pound
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

JSE edges higher as market waits for Brexit clarityThe local bourse is likely to end a two-week winning streak on Friday, as investors wait for further Brexit developments
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

Market data - October 23 2019Market data including bonds, unit trusts and fuel prices
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

JEREMY THOMAS: Ode to PE, PE’s odour and lessons owing to market timingJEREMY THOMAS: Ode to PE, PE’s odour and lessons owing to market timing 🔒
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

Clicks eyes further market share amid double-digit sales growthHeadline earnings per share for the year to end-August rose 12.2%
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »