News Formal

MARKET WRAP: Bleakest week for rand since February’s blackouts

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The rand had lost 2.33% against the dollar for the week, its biggest weekly loss since mid-February

07 June 2019 - 18:05Despite regaining a little bit of ground late on Friday, the rand recorded its worst week since the country experienced days of load-shedding in February.

By 5.30pm on Friday, the rand had lost 2.56% against the dollar since Monday, its biggest weekly loss since it fell 3.3% in mid-February, when Eskom implemented stage 4 power cuts due to generation shortages and diesel supply constraints. Shortly after the close of the local bourse, the rand had firmed, 0.19% to R14.9674/$, while it had fallen 0.28% to R16.9609/€ and 0.17% to R19.0726/£. The euro was up 0.5% to $1.1331.

Platinum and resource miners led the gains, climbing 3.31% and 2.24%, respectively. General retailers rose 2.2%, industrials 1.76% and banks 1.77%. Naspers provided a boost to the all share, adding 2.51% to R3,459.75.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

At least JSE All Share index rallied 1.77% today

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

MARKET WRAP: JSE closes higher despite rand slumpThe local currency is under pressure from dismal economic data, as well as political risk around the role of the Reserve Bank
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

MARKET WRAP: Rand hits R15/$ for the first time in eight monthsThe local bourse ended a tumultuous day little changed, with miners and rand hedges faring well, while retailers and banks felt the pinch
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

EDITORIAL: Rudderless Absa afloat in fiercely competitive marketSA's third-largest bank should have prepared for Maria Ramos’s departure as banks engage in a fee-cutting war
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

Omnia chair Rod Humphris’s sudden exit ‘breaks trust with market’Humphris has been chair for two years
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »

Risks remain in struggling listed property marketThe three-year returns for the majority of funds in the South Africa real estate general category are currently negative.
출처: TheCitizen_News - 🏆 6. / 75 더 많은 것을 읽으십시오 »

EDITORIAL: Rudderless Absa afloat in fiercely competitive marketSA's third-largest bank should have prepared for Maria Ramos’s departure as banks engage in a fee-cutting war who wrote this article? I'm interested to know how the two banks mentioned are literally paying the man on the street to bank with them.
출처: BDliveSA - 🏆 12. / 63 더 많은 것을 읽으십시오 »