MARKET WRAP: Rand recovers some of its losses, JSE ends lower

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

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

While investors await answers, the rand is likely to remain under pressure, analysts say

The rand recovered some of Thursday’s heavy losses on Friday, but was off its intraday best levels, while the JSE closed weaker amid mixed global markets as investors digested the hotter-than-anticipated US jobs report.

The local currency, which dropped more than 3% on Thursday as the fate of Cyril Ramaphosa’s presidency hung in the balance, gained more than 1.6% earlier in the session, but could not hold on to the gains...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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
 

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

Portugal Últimas Notícias, Portugal Manchetes

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

MARKET WRAP: JSE soars on hopes of China easing stringent Covid measuresChinese authorities have lifted some restrictions in two main cities, but analysts caution against unrealistic expectations
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

MARKET WRAP: Rand plunges as Ramaphosa hangs on by a threadJSE ends firmer but off earlier highs that saw the benchmark all-share index reach a level last seen in March
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

JSE and rand steady after Thursday's turmoil | BusinessThe JSE slipped a little on Friday morning, but the rand was steady, as markets continue to eye President Cyril Ramaphosa's next move as well as a key US jobs report. | News24_Business _Business Stop messing with our rand. He is not resigning. _Business If he lose conference what is going to happen because anc is political party like other parties
Fonte: News24 - 🏆 4. / 80 Consulte Mais informação »

Premier Group cancels IPO on JSE after local market turmoilPremier had announced in November that it would debut on the main board of the local bourse in early December
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »