MARKET WRAP: Rand slumps as budget fine print sinks in

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

Portugal Notícia Notícia

Miners pushed the JSE to a record high, with Anglo American up the most since May 2020

The rand fell the most since September 2020 on Thursday as the reality of the country’s dire fiscal situation sunk in, despite what was widely considered to be a positive budget.

Even though finance minister Tito Mboweni’s budget was largely welcomed by analysts, as it attempted to address debt while not raising personal or company taxes, some believe there is still a long way to go...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her lisaMakT Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

MARKET WRAP: Miners and property stocks boost JSE gainsA rise in Covid-19 in some countries continues to pose a threat to the pace of economic recovery
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

MARKET WRAP: Miners lead gains on the JSE as all share slips from record highInvestors digested weak US economic data, while focusing on prospects of continued economic recovery and interest rates remaining low
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

MARKET WRAP: Rand firms further ahead of Moody’s statementThe all share gained 1.35% to 68,519 points and the top 40 1.41%
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

MARKET WRAP: Rand and JSE firm after positive GDP numbersThe US treasury secretary has dismissed fears that the pandemic-relief bill is big enough to cause an inflation problem
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

MARKET WRAP: Rand flat as bonds weaken ahead of Ramaphosa updateStats SA data shows total employment in the fourth quarter of 2020 dropped 5.8% year on year
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »