The JSE closed lower for a second consecutive day, while global markets were mixed as investors await the EU’s verdict on the Brexit extension.
The rand lost ground on Wednesday after strengthening more than 1% on Tuesday. At 5.45pm it had weakened 0.31% to R14.6331/$, 0.27% to R16.2743/€ and 0.41% to R18.8556/£. The euro was flat at $1.1122. Earlier, the Shanghai Composite fell 0.43% and Hong Kong’s Hang Seng 0.82%, while Japan’s Nikkie 225 rose 0.34%.
The JSE all share fell 0.65% to 55,571.5 points and the top 40 0.74%. Banks and industrials gave up 1.52% and 1.84%, respectively.
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 closes lower with miners leading lossesStatistics SA is expected to release the consumer price index for September on Wednesday
Source: BDliveSA - 🏆 12. / 63 Read more »
Free car rentals in SA set to shake up transport marketEntry could shake up the local transport market as rental companies use services to slash costs of moving vehicles between branches How’s it gonna work 😁 Please highlight content that is behind a paywall
Source: BDliveSA - 🏆 12. / 63 Read more »
Market data — October 22 2019Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »
Market data - October 21 2019Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »
SA retains leadership in financial market developmentThe Absa African Financial Market index shows an overall improvement in the development of markets, while SA retains number one position
Source: BDliveSA - 🏆 12. / 63 Read more »
Every allegation Zille made about Mashaba is wrong: Free Market FoundationHelen Zille has been hectic on media platforms since her election as DA chair of federal council on Sunday and some of the comments she made about outgoing City of Joburg mayor Herman Mashaba did not sit well with one foundation that has called her to order. But Godzille, as Zille is widely known on social media streets, has had none of it. Dear Helen. If you stop talking and listen careful you’ll hear DA votes crashing to the ground. By returning to duty you have proven how much minority strategies will never work in SA. For once understand we need universally relevant politics lead by competent black leadership.
Source: SowetanLIVE - 🏆 13. / 63 Read more »