MARKET WRAP: JSE holds up as its European peers reel from energy supply jitters

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

Nigeria News News

The local share market is still recovering after a big sell-off last week during which foreign investors offloaded R14.9bn worth of shares on a net basis

The JSE held up reasonably well on Monday, outperforming its counterparts in Europe where fears of an energy supply crunch hit sentiment.

The all share index ended flat at 67,399 points, giving up early gains as a handful of big industrial stocks turned negative towards the close of the session...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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.

Business Maverick: What to watch as commodities markets brace for hits to supplySupply issues are set to dominate commodities trading in coming days, with Europe’s natural gas shortage in focus along with an OPEC+ decision on what’s next for oil flows.
Source: dailymaverick - 🏆 3. / 84 Read more »