MARKET WRAP: JSE flat as banks offset gains in iron-ore miners

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Local and international data on the day was positive, but BHP and Kumba Iron Ore slump, the former after a downbeat production report

The JSE was little changed on Wednesday, as losses by mining stocks offset gains in most other indices.

Diversified miner BHP fell 3.03% to R339.48, having said earlier it had lowered its production forecasts for iron ore, as it grapples with a hurricane that hit Western Australia in March. Locally, inflation came in better than expected, rising only 4.5% in March year-on-year compared with the 4.6% expected by the market.

Rand hedge AB InBev fell 1.09% to R1,243.32 and British American Tobacco 1.29% to R566.70. Richemont added 1.96% to R104.66. Mediclinic gained 5.53% to R59.52. It said earlier that in constant currency terms group revenue had risen 3.5% in the year to end-March.

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 gains for fifth consecutive weekDiversified miners and Naspers lead the JSE higher, with the all share pushing its winning streak to five consecutive weeks
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

MARKET WRAP: JSE gains for fifth consecutive weekDiversified miners and Naspers lead the JSE higher, with the all share pushing its winning streak to five consecutive weeks
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

MARKET WRAP: Disappointing mining data weighs on sector’s sharesGlobal growth concerns and poor local data conspire to pull the JSE lower
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

JSE flat as market eyes US corporate earningsBanks slipped but some miners were up on Friday morning, with global focus on the start of US corporate earnings season
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

Miners lead JSE lower as market eyes US earningsA firmer rand and softer commodity prices are weighing on local miners, but trading is expected to be subdued this week as Friday is a holiday
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

Local market indicators shrug off bad news – for now | Business | M&GCOMMENT: As fast as we throw billions Eskom’s way to keep the diesel generators running, it presents new bills of even more billions it wants from us. It will now only be okay if it can somehow reduce its R420-billion debt by R250-billion or so.
Fonte: mailandguardian - 🏆 2. / 92 Consulte Mais informação »