The JSE reversed early gains to close weaker on Friday in line with its global counterparts, indicating the fragility of investor sentiment despite a series of co-ordinated actions by US financial regulators to contain the fallout of the collapse of Silicon Valley Bank .
However, gold shares were the outliers this week as they benefited from the rally in the price of bullion, which has safe-haven characteristics. The yellow metal was also boosted by a weaker dollar, with markets now expecting the US Federal Reserve to raise interest rates by 25 basis points next Wednesday, instead of the 50 basis points that they had initially anticipated.
Transaction Capital shares rebounded 31% to close at R11.50 on Friday, but were down 59% on the week.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
MARKET WRAP: JSE plunges as banking sell-off continuesCredit Suisse’s woes add to growing fears about the health of financial institutions following the collapse of Silicon Valley Bank
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »
MARKET WRAP: JSE muted as relative calm prevailsNews of Credit Suisse lifeline steadies investors’ nerves, but analysts warn that further uncertainty and volatility is likely
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »