Nedbank fell 3.51% to R248.63, Absa 2.98% to R161.24, Standard Bank 2.44% to R190.98, and FirstRand 2.18% to R64.21. Miners did not fared well, falling 0.51% on the back of a stronger dollar supported by better-than-expected US manufacturing purchasing managers index and jobless claims figures. A sharp dip in the oil price also weighed on diversified miners.Naspers fell 2.4% to R3,126.00 as the Hong Kong listed Tencent fell 3.83% earlier.
Massmart fell 13.14% to R67.75 after the retailer said headline earnings and headline earnings per share may be about 50% lower in the six months to end-June compared to the same period in 2018. The rand weakened 0.67% to R14.4717/$ after the Reserve Bank said the interest rate will remain unchanged at 6.75% and that a 25 basis point cut in the repo rate by the end of the first quarter of 2020 has been penciled in. The local currency weakened 0.71% to R16.1435/€ and 0.8% to R18.3464/£. The euro was flat at $1.1155 as Europe heads to the polls for the bloc’s parliamentary elections.
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 below 56,000 points led by NaspersThe US-China trade war pressure on both the local bourse and global equities continues, with JSE heavyweight Naspers falling more than 3% Naspers value is tied to Tencent, a Chinese company. Naspers is too big as a percentage of the JSE Top 40 for the market’s health.
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
MARKET WRAP: JSE slips below 56,000 points led by NaspersThe US-China trade war pressure on both the local bourse and global equities continues, with JSE heavyweight Naspers falling more than 3%
Källa: SundayTimesZA - 🏆 47. / 51 Läs mer »
MARKET WRAP: Miners keep JSE lower as Sasol plunges almost 13%Positive local economic and political news helped boost sentiment a little, but corporate news was mostly negative on the day
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
MARKET WRAP: JSE slips as trade war weighs on risk assetsConcern that the US-China trade war will escalate before any resolution is found is weighing on global equities, with local banks leading the losses
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
Cynical bid to lock down lucrative chicken marketThe affordability of meat for households will be under threat if the South African Poultry Association (Sapa) achieves its aim of having more duties imposed on chicken imports.
Källa: SundayTimesZA - 🏆 47. / 51 Läs mer »
Vietnam eyes US avocado market as Mexico loses outAvocados could be a high export earner for Vietnam, according to a government statement
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
Gunmen kill 19 at fish market in northeast DRCAt least 19 people were killed when gunmen attacked a fish market in northeast Democratic Republic of Congo (DRC) near Lake Albert, local officials said on Sunday.
Källa: TimesLIVE - 🏆 28. / 59 Läs mer »