The all share lost 1.01% to 55,617 points and the top 40 fell 1.06%. Platinums fell 2.07%, industrials 1.67% and general retailers 0.85%. Banks added 0.34% and gold miners 1.25%.
Some local focus is also on domestic politics, with investors cautious ahead of the announcement of President Cyril Ramaphosa’s new cabinet. Earlier, Eskom said its unaudited debt to end-March stood at R440bn, of which R273bn is government guaranteed. Barloworld added 1.83% to R128.75, after saying that its headline earnings per share increased 14.1% for the six months ended March.
Philippines Philippines Latest News, Philippines Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARKET WRAP: JSE slips below 56,000 points led by NaspersThe US-China trade war pressure on both the local bourse and global equities continues, with JSE heavyweight Naspers falling more than 3% Naspers value is tied to Tencent, a Chinese company. Naspers is too big as a percentage of the JSE Top 40 for the market’s health.
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE slips as trade war weighs on risk assetsConcern that the US-China trade war will escalate before any resolution is found is weighing on global equities, with local banks leading the losses
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: Poor economic data pushes JSE to six-week lowEbbing fears about the US-China trade war failed to lift the local bourse, with Naspers falling after authorities blocked its bid to buy WeBuyCars
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE closes higher despite US-China strifeThe all share was up 0.88% with resources leading the gains, up 1.08%; the top 40 rose 0.97%
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE closes higher despite US-China strifeThe all share was up 0.88% with resources leading the gains, up 1.08%; the top 40 rose 0.97%
Source: TimesLIVE - 🏆 28. / 59 Read more »