MARKET WRAP: JSE firms as US profits lift sentiment

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

But uncertainty about inflation, the global economy and Covid-19 persists and this is likely to keep markets volatile

The JSE edged higher in line with world markets Wednesday as investors took heart from strong corporate earnings in the US, but the mood remains cautious as uncertainty about inflation, the global economy and Covid-19 persist.

The all share reached its best level in more than a month in intraday trade and ended the day 0.18% higher at 66,894.79 points, boosted by industrials precious metals and banks. However, the gains were limited by weaker food producers, listed property stocks, retailers and industrial metals...

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
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

WATCH: Market ReportBusiness Day TV talks to independent analyst Jimmy Moyaha about the day’s market movers
Source: BDliveSA - 🏆 12. / 63 Read more »

China poised for coal market intervention to douse red-hot price rallyThe price of the fuel, which provides more than half the country’s energy, has more than doubled in seven weeks
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE muted as strong US corporate earnings contend with global risksOanda’s Jeffrey Halley says market sentiment remains ‘decidedly positive’ thanks to support from US earnings
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE faces positive Asian markets on Tuesday as focus shifts to corporate earningsUS corporate giants including Netflix and Johnson & Johnson are due to report later People who give up are the people who lose in life, my first experience happens to be a failure but i never gave up cause I knew it was going to work out for me trying continuously, fortunately I'm smiling ☺ today getting involved with lethica10
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE gains as investors eye corporate earnings in USStrong results from the prior week’s quarterly results helped lift global sentiment last week, and investors are betting on that continued strength
Source: BDliveSA - 🏆 12. / 63 Read more »