News Formal

MARKET WRAP: Rand has longest winning streak in a month

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nigeria News News

The JSE all share fell 0.9% and the top 40 0.94%, with platinum miners and resources down 3.69% and 2.53%, respectively

The rand firmed for a third successive day on Tuesday, its longest winning streak in a month, as signs of progress in trade talks between the US and China aided risk sentiment.

At 5.24pm, the rand had gained 0.47% to R16.8640/$, reaching a three-week best level of R16.71/$ in intra-day trade. It had strengthened 0.11% to R19.9425/€ while it was flat at R22.1345/£. The euro had firmed 0.32% to $1.1852.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 NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

MARKET WRAP: JSE has best day in almost three weeks as global equities rallyThe US Food and Drug Administration has authorised the use of blood plasma as a treatment option for coronavirus patients
Source: BDliveSA - 🏆 12. / 63 Read more »

SA’s couture kings dressed for success in luxury property marketDesigners Malcolm Kluk and Christiaan Gabriel du Toit have expanded their portfolio to include bricks and mortar
Source: SundayTimesZA - 🏆 47. / 51 Read more »

OP-ED: Women’s vulnerability in the labour market demands ‘dual-purpose’ interventionsInnovative entrepreneurial opportunities for women, that address community needs and provide income and personal fulfilment, are the solutions we need to tackle a looming spiral into poverty and inequality.
Source: dailymaverick - 🏆 3. / 84 Read more »

Risks in the US bond marketSPONSORED | PSGWealth US bond yields are at 40-year lows, and still investors fall over their feet to snap up more US Treasuries. Read more.
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE has best day in almost three weeks as global equities rallyThe US Food and Drug Administration has authorised the use of blood plasma as a treatment option for coronavirus patients
Source: BDliveSA - 🏆 12. / 63 Read more »