The JSE fell in broad-based losses on Monday, although the rand was a little firmer, as markets wait for a series of risk events this week.
Thinned-out trading activity holds the potential to influence trading behaviour in the rand, and as SA heads to the polls next week, and the current week is data heavy, there was no question that investors would be cautious, said Mercato Financial Services analyst Nico du Plessis. Shortly after the JSE closed, gold was down 0.49% to $1,279.55/oz, while platinum had fallen 0.93% to $890.96. Brent crude was up 0.81% to $72.16 a barrel.
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:
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 slips in risk-off trade but gold miners shineThe local bourse extended losses as US markets opened, with concerns over global growth weighing on equities
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: Only platinum and gold shine on the JSELocal banks and miners were pressured by a firmer dollar, while local data was also downbeat
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE’s six-week winning run comes to an endThe JSE edged higher on Friday, but ended the week down, with banks faring best on the day after much higher-than-expected US GDP data
Source: BDliveSA - 🏆 12. / 63 Read more »
JSE trades a bit higher as market eyes new catalystsIt is a busy week in terms of corporate data and economic news, and volumes may be subdued by the Workers' Day public holiday on Wednesday
Source: BDliveSA - 🏆 12. / 63 Read more »
DATA SERVICES MARKET INQUIRY: Competition Commission: Mobile data market is anti-poorMobile data is more expensive in South Africa than comparative countries and the market lacks transparency and is anti-poor, said the Competition Commission on Wednesday.
Source: dailymaverick - 🏆 3. / 84 Read more »
Global steel market put on notice as Chinese group warns of twin risksBaoshan Iron & Steel says contraction in industries including property and vehicles will slow consumption in 2019
Source: BDliveSA - 🏆 12. / 63 Read more »
MICHEL PIREU: Importance of finding a real edge to beat other investors in the marketTo do better than average, your thinking has to be better than that of others, both more powerful and at a higher level
Source: BDliveSA - 🏆 12. / 63 Read more »
WANDILE SIHLOBO: It’s a good time for SA to diversify wool export marketFurther delays from China are expected after the country suspended imports due to a foot-and-mouth disease outbreak earlier in 2019
Source: BDliveSA - 🏆 12. / 63 Read more »