The prospect of looser global monetary policy helped buoy both the JSE and global markets on Friday, with local banks and gold miners faring particularly well.
The rand began the day well, but gave up gains as the dollar jumped against the euro after the Fed downplayed Williams’s comments. Pioneer Foods surging 32.09% to R102.50. It said earlier that Shortly after the JSE closed, gold had taken a little breather from the day’s high, to $1,426.23/oz, while platinum was flat at $848.57. Brent crude was 0.56% lower at $62.18 a barrel.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
MARKET WRAP: JSE closes higher and rand firms on repo rate cutThe Reserve Bank monetary policy committee voted unanimously to cut interest rates by 0.25 percentage points to 6.5%
Leer más »
MARKET WRAP: JSE closes higher and rand firms on repo rate cutThe Reserve Bank monetary policy committee voted unanimously to cut interest rates by 0.25 percentage points to 6.5%
Leer más »
Liberty says earnings surged in the first half as equities recoveredJSE rally boosts financial services group by up to 55%
Leer más »
JSE opens higher as Fed comments boost global stocksNew York Federal Reserve Bank CEO John Williams says it would be better to take ‘preventative measures’ as expectations rise for a rate cut
Leer más »