MARKET WRAP: JSE bucks lower trend in Europe

The JSE ended firmer on Tuesday, outperforming its peers in Europe where the spectre of recession loomed large.

Gold counters also had a positive session on account of a higher gold price, which rose 0.87% to $1,750.13/oz.Opec+ could cut output to support prices in the case of returning Iranian crude and with the prospect of a drop in US inventories. At 7.10pm Brent was trading at 3.24% higher at $99.82 a barrel.

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.

Business Maverick: Asian stock gauge drops amid rise in yields, crude: markets wrapStocks retreated in Asia on Tuesday amid worries about Federal Reserve monetary tightening that have also boosted bond yields. Oil topped $91 a barrel after Saudi Arabia said OPEC+ may be forced to cut output.
Source: dailymaverick - 🏆 3. / 84 Read more »

Saudi says OPEC+ can cut output to address oil slump: Report - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.OPEC stands ready to cut output to correct a recent oil price decline driven by poor futures market liquidity and macro-economic fears, which has ignored extremely tight physical crude supply, OPEC’s leader Saudi Arabia said on Monday. I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01
Source: SABCNews - 🏆 37. / 51 Read more »

MARKET WRAP: JSE weaker as investors fret about global growthThe rand is steady after breaching the R17/$ level on Friday
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE faces market pressure on Tuesday as investors eye Fed movesWall Street posts sharp losses overnight amid concerns over looming recession and higher interest rates A great platform that can make everybody smile, for my first time hearing about making money online, I thought is fake buy when I try it I realise that is real so I won’t keep silent I need everyone to smile like me Andrew_01cassen
Source: BDliveSA - 🏆 12. / 63 Read more »