Local news also provided some eye-catching activity on the day.
The all share fell 0.66% to 55,488.8 points and the top 40 lost 0.87%. Industrials lost 0.99% and the resources index 1.17%. Gold miners gained 3.08%, general retailers 1.48%, platinums 1.13% and banks 0.75%.International economic news was downbeat. US nonfarm payrolls data came in well below expectations, with employers adding just 20,000 jobs in February, while the market had expected 180,000. This is, however, the 101st straight months of jobs growth in the world’s largest economy.
Locally, both President Cyril Ramaphosa’s reiteration of the ANC’s plans to nationalise the Reserve Bank, as well as news of electricity tariff increases that are well above inflation, also served as headwinds for the local currency, analysts said.
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:
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: JSE slips as rand pushes to R14.40/$Local bourse tracks weaker world markets, despite an 18% surge by MTN, while the euro and rand slide
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
MARKET WRAP: Naspers leads the JSE higherThere were few catalysts to give global markets direction, while local economic news was downbeat
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
MARKET WRAP: JSE flat as Naspers offsets slump by banksGlobal equities have been buoyed by further signs that a US-China trade deal is imminent, while local banks and gold miners came under pressure
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
MARKET WRAP: JSE falls despite better-than-expected GDP growthThe local bourse brushes off positive local economic news, with miners, retailers and industrials under the most pressure on the day
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
SARB nationalisation alarms market, sinks rand | IOL Business ReportThe domestic currency immediately weakened, giving up earlier gains as a consequence and was trading at R14.34 to the US dollar at around 3:30pm. But it is nationalised. This whole thing is so stupid smh. CR is behaving worse than the flip-flop party. The same as ZUMA the same shit ,the same corruption THE SAME GANGSTER
Källa: IOL - 🏆 46. / 51 Läs mer »
Don’t rule out SA as a favourite emerging marketThere are political and institutional positives, and when stacked up against its peers, the country may be the least dirty shirt on the line, write Ronak Gopaldas and Shaun Hewitson
Källa: BDliveSA - 🏆 12. / 63 Läs mer »