MARKET WRAP: Rand falls on Friday but retains most of week’s gains

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The JSE was dented by global risk aversion, while Naspers’s results failed to lift the market ahead of the Trump-Xi meeting this weekend

 

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: Rand ends week almost where it started after rollercoaster rideThe JSE, which averages turnover of about R20bn on a busy day, capped Friday with trades of almost R22.5bn.
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rand remains firmer following US Fed newsUS Fed chair Jerome Powell confirms that 2019 will see two, not three, rate increases
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE edges lower amid global equity-market retreatGloomy Chinese data weighed on sentiment, while global risk remains as Tuesday’s Brexit vote looms
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Pressure on the oil price helps fuel JSE’s broad-based gainsAn easing oil price is providing support for miners and the rand, with banks faring best on the day, as the dollar comes under pressure
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE flat as gold miners offset other gainsGold miners are under pressure after disappointing local mining data, while global market focus is on the Brexit vote later in the evening
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE builds on Thursday’s gains as global markets jumpMajor global stock indices were up more than 2% on Friday
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: SA markets recoup losses after volatile weekDisappointing employment numbers in the US allowed emerging markets to recover slightly after their recent pounding
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: US Fed’s dovish tone fails to lift JSEA sharp drop by Naspers, due to a tech sell-off in Asia, meant the local bourse failed to track buoyant global markets
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE inches higher after bullish GDP numbersPositive local GDP data and a firmer rand failed to lift banks, but retailers and gold miners found favour despite a risk-off tone on global markets
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE jumps 2%, led by banks and retailersRisk-on sentiment was beneficial to the rand and local equities on Monday, ahead of a raft of economic data and political events this week
Source: BDliveSA - 🏆 12. / 63 Read more »