MARKET WRAP: JSE has third day of losses as rand hedges slump

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

United States News News

MARKET WRAP: JSE has third day of losses as rand hedges slump 🔒

Rand hedges dragged the JSE lower on Friday as the rand recorded its second consecutive day of gains.

Richemont fell 2.01% to R112.44, AB InBev 4.80% to R962.36, British American Tobacco 2.25% to R560.58, Naspers 3.82% to R2,933.42, and Prosus 4.34% to R1,580.01.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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

United States United States Latest News, United States United States Headlines

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

MARKET WRAP: JSE falls the most in nearly three months as Nasdaq tumblesThe all share lost 2.4% and the top 40 2.63%, with most indices down on the day
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rand weakens as ECB comments halt recent euro rallyThe JSE closed slightly weaker on the day, with banks faring worst, while food producer Libstar lost ground on disappointing interim results
Source: BDliveSA - 🏆 12. / 63 Read more »

Rand improves as market eyes US job numbersThe local currency has benefited lately from a weak dollar, which follows a policy shift by the US Fed to allow higher inflation
Source: BDliveSA - 🏆 12. / 63 Read more »

Market data — September 2 2020Market data including bonds and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE falls the most in nearly three months as Nasdaq tumblesThe all share lost 2.4% and the top 40 2.63%, with most indices down on the day
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: Rand weakens as ECB comments halt recent euro rallyThe JSE closed slightly weaker on the day, with banks faring worst, while food producer Libstar lost ground on disappointing interim results
Source: BDliveSA - 🏆 12. / 63 Read more »