News Formal

MARKET WRAP: JSE snaps four-day losing streak boosted by mining stocks

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

Sverige Nyheter Nyheter

Palladium was the standout performer after rising as much as 11% on renewed supply concerns, boosting PGM stocks

The JSE ended higher on Friday, snapping a four-day losing streak that had pushed the all share index to the lowest level since mid-March.

Resource stocks did the heaving lifting thanks to broadly higher commodity prices. Palladium was the standout performer after rising as much as 11% on renewed supply concerns before pulling back slightly to trade 8.4% higher at $2,430/oz at 6.39pm on Friday...

 

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.

MARKET WRAP: Fed official’s hawkish comments drag JSE lowerFed governor Lael Brainard’s comments mean a 50 basis-point rate hike is on the table at its next meeting
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

MARKET WRAP: Hawkish Fed and Russia sanctions fray investors’ nervesUS central bank plans to reduce its balance sheet by $1-trillion a year and Washington steps up pressure on the Kremlin
Källa: BDliveSA - 🏆 12. / 63 Läs mer »