MARKET WRAP: JSE weakens as global sentiment sours

The JSE fell on Wednesday, with platinum miners faring worst, as risk appetite abated amid yet another sign the US-China trade war is far from over.

Asian and European markets were under pressure, with US markets retreating further from record highs set earlier in the week. Shortly after the JSE closed gold was up 1.02% to $1,420.02/oz and platinum 1.01% to $846.61. Brent crude was 0.12% lower at $64.22 a barrel.

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 closes higher with Naspers leading gainsThe rand entered its fourth day of consecutive gains after reaching a five-month high against the dollar last week
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE closes higher, as rand loses earlier gainsThe rand ended its winning streak after better-than-expected US retail sales for June gave the dollar a little more breathing room
Source: BDliveSA - 🏆 12. / 63 Read more »

Rand finding resistance at R13.88/$ as market eyes US dataFocus on Tuesday is on US retail sales data amid market speculation about the scope and pace of US Federal Reserve interest rate cuts
Source: BDliveSA - 🏆 12. / 63 Read more »

Rand weakens as US retail data exceeds market expectationsRetail sales for June saw a 0.4% month-on-month rise, the same as in May, and twice as much as expected
Source: BDliveSA - 🏆 12. / 63 Read more »