MARKET WRAP: JSE closes lower as ECB rate decision weighs on European stocks

Producer inflation for June increased 5.8% year-on-year from 6.4% in May, in line with expectations, according to a Trading Economics consensus.

Gold had fallen 0.51% to $1,417.93/oz and platinum 0.66% to $871.19. Brent crude added 1.27% to $63.86 a barrel. Anglo American gained 1.03% to R381.78. The diversified miner said on Thursday that it plans on returning $1bn to shareholders through a share buyback programme. Vodacom fell 1.58% to R113.53 despite saying on Thursday that group revenue in the quarter to end-June rose 4.2% to R21.5bn and service revenue 3.9% to R1.4bn.

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 closes lower as ECB rate decision weighs on European stocksLocally, credit ratings agency Moody’s Investors Service said that Eskom’s R59bn bailout is credit-negative for SA
Source: BDliveSA - 🏆 12. / 63 Read more »

US justice department opens probe into Big Tech’s market powerReview looks at whether leading online platforms are smothering competition
Source: BDliveSA - 🏆 12. / 63 Read more »

Middendorp outlines Amakhosi’s approach to transfer marketClub targets players in their mid-20s rather than younger footballers
Source: BDliveSA - 🏆 12. / 63 Read more »