MARKET WRAP: JSE closes at two-month low on US-China tariff threat

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

The US tariffs, which will come into effect on September 1, have further dampened hopes that the two economic superpowers will reach a deal

The JSE had its worst week in 10 on Friday, closing at a more than two-month low as US President Donald Trump’s latest tariff threat weighed on global stocks.

Earlier, the Shanghai Composite fell 1.41%, Hong Kong’s Hang Seng 2.35% and Japan’s Nikkei 225 2.11%. Soon after the JSE closed, the rand had weakened 0.35% to $14.7141/$, 0.5% to R16.3334/€, abd 0.32% to R17.8398/£. The euro had firmed 0.14% to $1.11. Gold Fields gained 5.31% to R79.11 after the mining company said on Friday that attributable gold equivalent production for the six months ended June increased by 9% year-on-year to 1,083,000 ounces.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nothing to do with the chaos in this country of course

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

MARKET WRAP: JSE closes lower as focus shifts to US Fed interest-rate decisionSA recorded a trade surplus of R4.42bn in June, compared with a downwardly revised R1.7bn in May, slightly above analyst expectations
Bron: BDliveSA - 🏆 12. / 63 Lees verder »

MARKET WRAP: Rand hedges lift the JSE as rand weakens past R14.50/$Rand hedges fared well as the local currency fell to a two-month low against the dollar, while global markets were recovering a little
Bron: BDliveSA - 🏆 12. / 63 Lees verder »