JSE gains as global market sentiment improves

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Nigeria News News

Locally, Statistics SA is set to release manufacturing production for September later in the day

07 November 2019 - 11:39The JSE was higher on Thursday morning, in line with most global markets while traders remained cautious amid more uncertainty regarding the US-China trade war.

“Given the late push by the Chinese to remove additional tariffs as part of the deal though, you have to question whether these delays are simply an administrative conundrum or something deeper. If trade talks fell apart at the 11th hour, the festive period may be a little less cheery this year for investors,” Oanda senior market analyst Craig Erlam said.

ArcelorMittal was down 1.18% to R1.68. The steel manufacturer said on Thursday that local sales fell 16.9% to 737,000 tonnes in the quarter to end-September.

 

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: JSE gains as markets eye US-China trade deal developmentsThe rand was the third worst performer among emerging-market currencies on the day
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE gains as markets eye US-China trade deal developmentsThe rand was the third worst performer among emerging-market currencies on the day
Source: BDliveSA - 🏆 12. / 63 Read more »