MARKET WRAP: Drop to lockdown level 1 gives leisure stocks a boost

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

Nigeria News News

The JSE ended the day weaker as inflation fears continued to grip global markets

President Cyril Ramaphosa’s easing of lockdown restrictions on Thursday evening provided a fillip to leisure stocks on the JSE on Friday, while the overall market was weaker as inflation fears continued to weigh on global market sentiment.

City Lodge led the gains in its sector, rising the most in more than two months, up 6.35% to R4.19. Sun International added 5.19% to R20.67, Tsogo Sun Hotels 4.92% to R3.20 and Tsogo Sun Gaming 4.9% to R10.70. The all share fell 0.97% to 63,661 points — its biggest drop in 10 days, while the top 40 was down 1.03%. Retailers lost 2.3%, industrial metals 1.58%, resources 1.5% and listed property 1.25%.

 

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

Never knew I would be what I am today after so much suffering so I saw a post about your platform and I took a step to try if it’s going to work, you change my life and now I’m so much satisfied with my life now. I just want to share your good work Dennismayson7

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 slips as investors weigh inflationInvestors are bracing for a sustained period of price increases despite central bank assurances to the contrary Oh the games people play now, Every day in every way now ..........
Source: BDliveSA - 🏆 12. / 63 Read more »

Market data — September 30 2021Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »