12 April 2019 - 18:08The JSE closed higher on Friday, its fifth consecutive week of gains, with miners once again largely responsible for keeping the the local bourse positive.
The all share firmed 0.38% to 58,405.3 points with the top 40 rising by the same margin. Industrials added 0.61%, resources 0.45%, and food and drug retailers 1.7%. Gold miners fell 0.94%. The all share added 1.09% for the week, and is now up 10.75% in 2019. Brimstone slipped 2.63% to R9.25. Earlier, it confirmed it was exiting a consortium seeking to acquire Clover, SA’s largest dairy producer. The deal has been criticised by lobby groups due to the participation of an Israeli company.Diversified miner Glencore gained 2.05% to R60.36, Anglo American 0.49% to R402.32, and BHP 0.33% to R351.79.Shoprite gained 3.24% to R175.99 and Spar 1.69% to R201.73, while Pepkor fell 1.35% to R18.94.
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: JSE gains for fifth consecutive weekDiversified miners and Naspers lead the JSE higher, with the all share pushing its winning streak to five consecutive weeks
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: Retailers 3% jump leads JSE above 58,000 pointsLocal bourse closes at its best level since September as the rand pushes past the psychologically-important R14/$ level
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE edges higher led by minersRising commodity prices and a slightly weaker rand boosted local miners, but global trade was somewhat subdued ahead of risk events this week
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE slips ahead of busy WednesdayA series of events will give markets direction on Wednesday, including an ECB policy announcement and a crucial EU Brexit summit
Source: BDliveSA - 🏆 12. / 63 Read more »
Naspers pulls up JSE amid market cautionGlobal markets are mixed ahead of a spate of news expected later in the day, with local retailers and Naspers keeping the all share higher
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: Disappointing mining data weighs on sector’s sharesGlobal growth concerns and poor local data conspire to pull the JSE lower
Source: BDliveSA - 🏆 12. / 63 Read more »
JSE flat as market eyes US corporate earningsBanks slipped but some miners were up on Friday morning, with global focus on the start of US corporate earnings season
Source: BDliveSA - 🏆 12. / 63 Read more »