The JSE closed in negative territory for a fourth consecutive week on Friday as global-growth concerns push investors to perceived safe havens such as gold and the dollar.
Soon after the JSE closed, the Dow was 1.08% higher at 25,855.54 points. In Europe, the FTSE 100 had gained 0.72%, France’s CAC 40 1.22%, and Germany’s DAX 30 1.37%. Gold was 0.97% lower at $1,508.53/oz, while platinum had gained 0.18% to $841.84. Brent crude added 0.33% to $58.51 a barrel. On Thursday, President Cyril Ramaphosa signed into law the controversial National Credit Amendment Bill — which aims to provide relief for heavily indebted consumers who earn less than R7,500 a month. Banking and retail stocks ended lower with analysts saying the bill could have an effect on their business.Mr Price lost 2.45% to R171.68, TFG 3.26% to R145, and Lewis 1.82% to R32.30.
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 closes at six-month low on continued concern over tradeThe rand rebounded on Thursday afternoon, strengthening more than 1%, providing a boost for local banking shares
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
Cape Town's high-end property collapse spreading to the middle marketFNB’s quarterly property survey has confirmed that Cape Town’s luxury house market is on the skids.
Källa: TimesLIVE - 🏆 28. / 59 Läs mer »
Rand recovery brief as global market doom returnsTop story | Rand recovery brief as global market doom returns 🔒
Källa: BDliveSA - 🏆 12. / 63 Läs mer »
MARKET WRAP: JSE closes at six-month low on continued concern over tradeThe rand rebounded on Thursday afternoon, strengthening more than 1%, providing a boost for local banking shares
Källa: BDliveSA - 🏆 12. / 63 Läs mer »