The performance of Asian stocks signals a positive opening for the local bourse, despite a mixed performance by US shares overnight
Asian stocks rose on Friday morning, signalling a positive opening for the JSE, despite a mixed performance by US equities overnight.
GT247.com said in a note on Friday morning the delay meant global market volatility would continue for some time. Tencent, Naspers’s flagship investment, was 0.9% higher in Hong Kong, although BHP Group was 1.1% down in Australia — suggesting a weak opening for the JSE’s fifth largest stock. The rand was firmer on Friday morning, trading 0.3% higher versus the dollar at R14.49/$, 0.4% better against the pound at R19.19/£ and 0.2% up against the euro at R16.40/€.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Behind Group Five’s fall from grace to business rescueThe struggling construction group has gone into business rescue and suspended JSE listing
Read more »
JSE set for a bad end to the week after ECB buzzkillIn response to growth concerns, Europe’s central bank delayed rate hikes and launched a new stimulus package aimed at helping banks lend more
Read more »
MARKET WRAP: JSE edges higher despite slip by banksThe JSE closed a little higher on Monday, largely due to a positive performance from Naspers, while banks came under some pressure from earnings reports.
Read more »
MARKET WRAP: JSE marginally weaker after gloomy dataSome UK-focused shares benefit from a surge in the pound, but the JSE is flat amid pressure on retailers, which offset gains by platinum miners
Read more »
MARKET WRAP: JSE marginally weaker after gloomy dataThe JSE closed a little lower on Thursday, as gloomy local and international data weighed on sentiment, and shares reacted to a weaker rand.
Read more »
JSE weakens as investors parse gloomy economic newsChinese exports drop sharply in February, while the downgrade of eurozone growth forecasts on Thursday has the market worried
Read more »
EDITORIAL: Tongaat disaster increases pressure on JSE to raise its gameDespite upbeat comments from management and backing from analysts, it turns out the sugar company is no sweet bet
Read more »
MARKET WRAP: JSE edges higher ahead of Brexit voteAll eyes are on the UK Parliament’s Brexit vote later on Tuesday evening, which could cause further volatility in global currency markets
Read more »
JSE set for a slight recovery on Monday morning as major banks reportThe JSE’s busy reporting period is still under way, with Absa, Old Mutual, AVI and Brimstone all due to release their results
Read more »
JSE set for a strong start on TuesdayThe rand has been buoyed by increased risk appetite following new assurances from the EU on the Brexit deal
Read more »