The JSE closed firmer on Thursday, in line with most global markets, as progress in the US-China trade war lifted sentiment.
“In order for risk sentiment to push significantly higher, markets will need to be shown material signs that US and China are indeed drawing closer to a meaningful and lasting trade deal,” Tan said. Locally, SA's current-account deficit deteriorated to 4% in the second quarter of 2019 from 2.9% in the first quarter.
Gold was down 2.2% to $1,518.23/oz and platinum 2.67% to $960.75. Brent crude was up 2.6% to $62.06 a barrel. Sanlam added 2.75% to R73.87. The company said on Thursday that its diluted headline earnings per share fell 32% to 169c in the six months to end-June. MAS Real Estate jumped 20.79% to R19 after the company said on Thursday that its distributable earnings per share increased 41.9% in the year to end-June.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
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MARKET WRAP: JSE subdued as trade tension weighs on marketsMeanwhile, local GDP grew 3.1% in the second-quarter from a contraction of 3.1% in the first quarter
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MARKET WRAP: JSE lifts as global mood improvesThe rand broke below R15/$ on Wednesday, reaching its best level since August 7
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MARKET WRAP: JSE lifts as global mood improvesThe rand broke below R15/$ on Wednesday, reaching its best level since August 7
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Brenda Fassie, freshly restored, home where she belongs at Joburg's Market TheatreA life-size statue depicting the late singer Brenda Fassie will return to the Newtown district of downtown Johannesburg - this time in pride of place outside the Market Theatre.
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