MARKET WRAP: JSE weaker on virus fears and US-China tension

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Market focus is on Hong Kong, but there are fears that the dispute between the two superpowers could flare up again

The JSE closed weaker on Thursday as US-China tension and the rising number of Covid-19 cases continue to weigh on investor risk appetite.

US daily coronavirus cases exceeded 60,000 for the second day in a row on Wednesday, with total US infections over 3.5-million. The surging number of infections in the US, and other parts of the world, is threatening economic recovery as some economies might be forced to either close businesses again or pause reopenings.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: Global risk aversion weakens JSEAs Covid-19 surges globally, and more lockdowns are imposed, safe-haven gold is back in vogue
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE gains as markets cheer Covid-19 vaccine progressHopes for a vaccine offset investor worries about rising tension between the US and China
Source: BDliveSA - 🏆 12. / 63 Read more »

Food Lover’s Market rooted out for excessive pricingFood Lover’s Market was caught overcharging for ginger during lockdown, and it has been made to pay.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Fully electric BMW iX3 ready for market entryBattery-powered SUV has a claimed driving range of up to 460km
Source: BDliveSA - 🏆 12. / 63 Read more »

Market data — July 15 2020Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »

There are deep pools of capital in the local market to fund well-defined projectsWe would urge the government to prioritise high-impact segments of the market such as rail
Source: BDliveSA - 🏆 12. / 63 Read more »