News Formal

MARKET WRAP: JSE advances amid firm global markets and rosy inflation figures

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

A fall in inflation to 4% year on year in July has increased the chances of SA receiving another cut in the interest rate, but global risks persist

The JSE continued its recovery on Wednesday, boosted by better-than-expected local consumer inflation data as well as global optimism that increased fiscal spending by major economies was on its way.

Interest-rate sensitive stocks including banks and retailers fared well on the day, while higher platinum and oil prices offered support to some miners. Gold had fallen 0.28% to $1,503.40/oz while platinum was 0.34% higher at $851.82. Brent crude rose 1.2% to $60.82 a barrel.

 

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: JSE slips as food and drug retailers suffer big fallFood and drug retailers dropped 3.06%, its worst fall since January 30
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

JSE subdued as global market caution prevailsMarkets await direction from the US Federal Reserve, with local banks shrugging off the rand's overnight push to R15.49/$ on Tuesday morning
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Sasol’s woes mount on funding issues and market backlashIn company news today | Sasol says it did not share price-sensitive information with certain investors
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Final report on health market inquiry due out on September 30The inquiry began work in January 2014, and was tasked with investigating the dynamics in the private healthcare market
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Robust baht, travel trends rattle Thai tourism marketThailand is still a relatively inexpensive destination with picture-perfect beaches and world-famous street food.
Источник: TheCitizen_News - 🏆 6. / 75 Прочитайте больше »

MARKET WRAP: JSE slips as food and drug retailers suffer big fallFood and drug retailers dropped 3.06%, its worst fall since January 30
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »