News Formal

MARKET WRAP: Local markets subdued as investors await budget

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Sverige Nyheter Nyheter

Global market sentiment has been damped by fears of a second wave of Covid-19 infections, which could delay economic recovery

The rand and the JSE were little changed on Monday with analysts expecting the rand to weaken as investors await finance minister Tito Mboweni’s supplementary budget.

Mboweni is expected to announce further measures to curb the economic effect of Covid-19, as well as adjustments to the existing budget, before parliament on Wednesday.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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

SA needs to focus on how COVID-19 will reshape its labour market[ANALYSIS] SA needs to focus on how COVID-19 will reshape its labour market
Källa: eNCA - 🏆 49. / 51 Läs mer »