MARKET WRAP: Only platinum and gold shine on the JSE

The JSE closed lower on Wednesday, with only platinum and gold miners showing a few signs of life, amid caution on some global markets.

Shortly after the JSE closed, the Dow was mildly positive at 26,664.77 points, while in Europe, the FTSE 100 had fallen 0.74% and the CAC 40 0.3%. Germany’s DAX 30, however, was up 0.51%. Earlier, Japan’s Nikkei fell 0.27% and Hong Kong’s Hang Seng 0.53%. Load-shedding weighed on confidence in the first quarter, FNB chief economist Mamello Matikinca-Ngwenya said, adding that prolonged strikes, rising fuel prices and the announcement of tax increases also contributed to declining confidence.Anglo American lost 2.94% to R387.95. Earlier, JPMorgan reclassified the diversified miner's stock as neutral, from overweight previously.Standard Bank slipped 2.19% to R195.

Россия Последние новости, Россия Последние новости

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

MARKET WRAP: JSE extends winning run to six consecutive weeksThe all share has gained 4.89% so far in April and is now up 12.3% in 2019
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Banks fight moves to protect bond market investors, says FuturegrowthStringent listings requirements help safeguard equity shareholders, but there are divisions over how to strengthen the hand of investors in SA’s corporate bond market
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

WANDILE SIHLOBO: It’s a good time for SA to diversify wool export marketFurther delays from China are expected after the country suspended imports due to a foot-and-mouth disease outbreak earlier in 2019
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Rand slips amid pressure on emerging-market currenciesThe dollar has firmed as a result of disappointing eurozone data, but the rand has avoided the losses of some of its emerging-market peers
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

MICHEL PIREU: Importance of finding a real edge to beat other investors in the marketTo do better than average, your thinking has to be better than that of others, both more powerful and at a higher level
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

CHRIS GILMOUR: The dangerous and murky shark tank of SA’s listed bond marketThe JSE has been reformed and stockbroker hooligans removed, but bond institutions lag behind
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »