MARKET WRAP: JSE marginally weaker after gloomy data

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 59%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The local currency broke through R14.50/$, weakening overnight on Wednesday after British MPs rejected a no-deal Brexit.

Some stocks with interests in the UK benefited as a result, with Hammerson gaining 3.2% to R72.87 and Intu Properties 2.78% to R21.10.

Earlier, Chinese data was disappointing, with industrial production falling to a 17-year low in January. US President Donald Trump also said on Wednesday he is “in no rush” to make a trade deal with China, Dow Jones Newswires reported. Shortly after the JSE closed, gold had slipped 1.05% to $1,295.34/oz and platinum 1.93% to $827. Brent crude was down 0.31% to $67.44 a barrel.

MC Mining was flat at R9.50, after saying earlier its headline loss per share for the six months to end-December had narrowed to 2.49c, from the prior matching period’s 69.04c.

 

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:

 /  🏆 28. 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: JSE edges higher despite slip by banksAbsa leads banks lowers after disappointing the market with its results, while Naspers gains amid a bit of optimism over the US-China trade talks
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

MARKET WRAP: JSE edges higher despite slip by banksThe JSE closed a little higher on Monday, largely due to a positive performance from Naspers, while banks came under some pressure from earnings reports.
Källa: TimesLIVE - 🏆 28. / 59 Läs mer »

MARKET WRAP: JSE edges higher ahead of Brexit voteAll eyes are on the UK Parliament’s Brexit vote later on Tuesday evening, which could cause further volatility in global currency markets
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

MARKET WRAP: Miners lead the JSE higher despite Brexit issuesUncertainty over Brexit has weighed on sentiment, although miners gained from safe-haven interest in gold and a rising oil price
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

MARKET WRAP: JSE marginally weaker after gloomy dataSome UK-focused shares benefit from a surge in the pound, but the JSE is flat amid pressure on retailers, which offset gains by platinum miners
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

Behind Group Five’s fall from grace to business rescueThe struggling construction group has gone into business rescue and suspended JSE listing
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

Moneyweb to report Ayo to JSE for Companies Act contraventionCompanies are required to be transparent and accountable, but that doesn't seem to be the case with the controversial Ayo Technology Solutions.
Källa: TheCitizen_News - 🏆 6. / 75 Läs mer »