MARKET WRAP: JSE gains as spread of coronavirus slows

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

Malaysia News News

The all share and top 40 were both up on the day, with the platinum and gold indices leaping more than 7%

The JSE closed firmer on Wednesday, in line with most global markets, following a slight decline in the number of new cases of the coronavirus.

As fears about the spread of the virus and its effect on the world economy linger, investors appear to be shaking off worries as the number of new cases seems to be decreasing.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE records first day of losses in sixThe rand has been the worst performing emerging-market currencies tracked by Bloomberg over the past five days
Source: BDliveSA - 🏆 12. / 63 Read more »

Promotional campaigns grow Dis-Chem market shareThe pharmacy group says that group revenue is up 10% in the 22 weeks to February 2, as it kept prices low and focused on promotions
Source: BDliveSA - 🏆 12. / 63 Read more »

Market data — February 18 2020Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »

Rand extends drop after Moody’s growth forecast change; worst emerging-market currency of 2020Moody’s Investors Service has slashed SA’s growth forecast for 2020 and 2021, with the rand now above the R15/$ level
Source: BDliveSA - 🏆 12. / 63 Read more »

Rand extends drop after Moody’s growth forecast change; worst emerging-market currency of 2020Moody’s Investors Service has slashed SA’s growth forecast for 2020 and 2021, with the rand now above the R15/$ level Moody's ain't done... yet
Source: BDliveSA - 🏆 12. / 63 Read more »

Bond market endorses Ghana as cedi surges to best-performing currency in the worldReforms started by the West African nation three years ago bear fruit as Ghana becomes the best-performing African market
Source: BDliveSA - 🏆 12. / 63 Read more »