News Formal

MARKET WRAP: JSE closes slightly firmer in cautious, quiet trade

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Global events continue to drive market sentiment as investors wait for the next move in the US-China trade war

The JSE was a little firmer on Monday in fairly quiet trade as investors adopt a cautious approach amid growing geopolitical uncertainty, which continues to weigh on the world’s financial markets.

Telkom closed 4.09% higher at R90, after earlier reaching an intra-day high of R98.20. The jump came after it reported improved results for the year ended March, which included a 5.3% rise in operating revenue to R41.8bn. Among gold miners, Sibanye fell 1.91% to R11.27, Gold Fields 0.93% to R54.48 and AngloGold Ashanti 0.78% to R164.72.

The benchmark R186 government bond was firmer, with the yield dropping 4.5 basis points to 8.35%. Bond yields move inversely to bond prices.

 

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: JSE recovers a little after dismal weekThe local bourse snapped a five-session losing streak on Friday, but weakened for the third week in a row amid US-China trade war concern
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

MARKET WRAP: JSE recovers a little after dismal weekThe local bourse snapped a five-session losing streak on Friday, but weakened for the third week in a row amid US-China trade war concern
Källa: TimesLIVE - 🏆 28. / 59 Läs mer »

MARKET WRAP: JSE drops to four-month low in broad-based lossesThe JSE suffered along with most global equity markets as the US-China trade conflict persists, with local banks faring worst on the day
Källa: TimesLIVE - 🏆 28. / 59 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 »

Luxury for less: Two South African stores embrace the second-hand luxury marketCompanies reselling fancy brands are popping up across South Africa. Wanted sizes up the preloved luxury landscape
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

Nigerian government probe into MTN listing baffles the marketTelecoms giant is still dealing with that country’s auditor-general on a $2bn claim for back taxes The circus between mtn and nigerian gov is legendary..they alway pay billions of rands to the nigerian fiscus while south african costomers pay high data and airtime fees to fund its african adventures
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

Open up the barriers to market entry for SMEs, for that way economic growth liesIn keeping with global trends of adopting new technologies, it is in the interest of the wider economy to promote greater inclusion, writes Thando Vilakazi
Källa: BDliveSA - 🏆 12. / 63 Läs mer »

Nigerian government probe into MTN listing baffles the marketTelecoms giant is still dealing with that country’s auditor-general on a $2bn claim for back taxes Hahaha another shakedown The paid the first fine (bribe) , now the want more again . Shareholders paying for Nigerian corruption . Good luck with that 'investment'. Kikikikikikiki- MTN is their piggy bank.
Källa: BDliveSA - 🏆 12. / 63 Läs mer »