MARKET WRAP: JSE ends the week firmer on optimism of China rebound

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

Sverige Nyheter Nyheter

US Fed officials, however, are sticking to their hawkish rhetoric that interest rates will need to increase further and this remains a headache for the markets

The JSE closed firmer on Friday, ending the first week of the new month on a positive note as optimism about China’s strong economic rebound supported sentiment.

The JSE all share index rose 1.87% for the week, buoyed by gains in mining stocks as strong data from China — SA’s biggest partner for trade in commodities — pointed to a growing rebound after the lifting of the country’s stringent Covid-19 regulations...

 

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: China data gives the rand and JSE a welcome boostFactory activity in the world’s second-biggest economy far exceeded expectations, which is good news for commodity producers
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

MARKET WRAP: JSE succumbs to interest rate concernsStrong weekly US jobs data and higher underlying inflation in Europe strengthen the case for further monetary tightening
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

Business Maverick: Asian equities swing lower, led by China tech: markets wrapA gauge of Asian stocks dipped, led by declines in Hong Kong-listed technology shares, and US equity futures dropped as traders continued to digest more hawkish comments by Federal Reserve officials.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »

Stocks set for weekly gain as bonds pause declines: markets wrapEuropean shares rose on Friday along with global stocks as investors took comfort in underlying economic strength and started March on a high note. Bonds halted declines. Moneyweb Stocks
Källa: Moneyweb - 🏆 5. / 77 Läs mer »