News Formal

MARKET WRAP: JSE tracks weaker Asian market and Truworths surges

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

Россия Новости Новости

Shares in petrochemical producer Sasol fell for the fourth day running as it prepares to execute a rights issue to pay down its debt pile

The JSE ended weaker on Wednesday, with Sasol falling for the fourth day running while Truworths gained the most after releasing a better-than-expected trading statement.

Shares in the clothing retailer made their biggest gain in more than two months despite the group announcing it had further written down its investment in UK shoe chain Office by about R2.8bn, as it grapples with the fallout from the Covid-19 pandemic.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 Times Select.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

MARKET WRAP: Rand posts biggest gain in a week and Sasol slumpsChemicals giant Sasol, which has lost more than half of its value in 2020, considers issuing more shares
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Business Maverick: Dollar Pressure Endures; Storm Delays Hong Kong: Markets WrapThe dollar remained near a more than two-year low while Asian stocks traded Wednesday with diverging moves despite a record close for U.S. equities. The morning session for Hong Kong’s equity market was canceled due to a typhoon.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

Property market is holding up well, says NedbankThe value of mortgages in June was more than in January but less than just before the lockdown kicked in
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Risk-averse investors miss equity rally as they rush to safety of money marketJSE gains 23% in the second quarter while the Reserve Bank drives interest rates to historical lows
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Women’s buying power reshaping SA property marketThe data highlights a steady rise in women’s buying power that is fundamentally reshaping the South African property market, which was traditionally dominated by men.
Источник: IOL - 🏆 46. / 51 Прочитайте больше »