Global markets are mixed while locally retailers fare worst
The JSE edged lower on Thursday, amid mixed global markets, as investors waited for new developments on trade talks between the US and China.
The rand lacked a clear direction on the day, and was 0.23% firmer at R14.1149/$ as the local share market closed. Platinum had risen 3.07% to $896.19/oz while gold was down 0.2% at $1,287.25. Brent crude was 0.3% lower at $69.24 a barrel.MTN added 2.92% to R92.37.
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.
MARKET WRAP: JSE flat as rand retreats slightlyThe local currency gave up some of its recent gains despite Moody’s Investors Service saying that SA’s credit rating was safe for the moment
Read more »
MARKET WRAP: JSE pushes towards 58,000 points, led by minersGlobal sentiment is risk-on again, boosted by reports by the Financial Times that the US and China are ‘90% done’ with a trade deal
Read more »
MARKET WRAP: JSE and rand rally ahead of Moody’s decisionJSE heavyweight Naspers was 0.85% higher at R3,332.14 after reaching its best level in about seven months earlier in the day
Read more »
MARKET WRAP: JSE and rand rally ahead of Moody’s decisionJSE heavyweight Naspers was 0.85% higher at R3,332.14 after reaching its best level in about seven months earlier in the day
Read more »
MARKET WRAP: JSE pushes above 57,000 points as banks jumpThe JSE closed at a six-month high on optimism on global markets, with local banks faring best after Moody’s opted not to release a report on SA
Read more »
MARKET WRAP: JSE lower as precious-metal miners plungeGold and platinum miners fall amid sharp sell-off in precious metals, but a strong showing from Capitec and rand hedges offset this a little
Read more »
JSE pulls back slightly as market eyes US-Sino trade talksPresident Donald Trump is meeting with Chinese leaders later on Thursday, amid speculation a deal is imminent
Read more »
Rand range-bound as market eyes US-China talksUS President Donald Trump is expected to meet Chinese Vice-Premier Liu He later on Thursday amid speculation a deal is close
Read more »
EOH aims to wrap up investigation by end-MayThe embattled tech company hired law firm ENSafrica to review all the company’s large, historical licensing contracts with the state
Read more »
Ace Magashule, Nipsey Hussle & petrol hikes: The big weekend storiesFrom petrol hikes to allegations on ANC NEC member Ace Magashule and violence in an EC prison: here are five stories from the weekend that you may have missed.
Read more »