A raft of gloomy global economic data has put pressure on risk assets, while the US-China trade war continues to sour investor appetiteClear signs that the global economy is slowing and that major economies may be headed towards recession put pressure on risk assets on Wednesday, with the JSE slipping to its worst level since February.
The JSE tracked global markets weaker, losing 2.11% to 54,029.4 points while the top 40 fell 2.37%. The all share earlier dropped as much as 2.3%. Local economic data was a little more upbeat, with retail sales growing 2.4% year on year in June, a little faster than the expected 2.2%.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
MARKET WRAP: JSE closes lower as global risk factors persistThe rand reached R15.46/$ in intra-day trade, its weakest level so far in 2019
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »
MARKET WRAP: JSE lower as gold miners have their worst day in four yearsGold miners slump 9% as global sentiment improves a little on the news that the US will delay the imposition of some tariffs on China
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »
JSE could get a boost as global stocks rebound on US tariff delayThe US pushed back the September 1 deadline to impose a 10% tariff on Chinese imports, which include cellphones, laptops, toys and other goods
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »
Long journey ahead to regain market share, says AbsaBank achieves its goal of growing half-year revenue in line with competitors but downgrades its full-year profit outlook
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »
Источник: IOL - 🏆 46. / 51 Прочитайте больше »