Although the all share followed positive global markets on Monday, the majority of stocks remain battered by a constrained outlookSA’s tepid economy and the US-China trade war continue to wreak havoc with JSE-listed stocks.
Signs that China and Germany are moving to stimulate their economies ensured the local bourse rose 1% in broad-based gains on Monday, but four in 10 of JSE-listed stocks have reached 52-week lows so far in August and gains have been concentrated in only a few counters, notably Naspers and precious metal miners.
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 in broad-based recovery amid Chinese stimulusNews China had lowered credit-costs for local businesses helps cheer local markets, with local diversified miners faring best on the day
Source: BDliveSA - 🏆 12. / 63 Read more »
JSE rebounds as global stocks recoverAsian stocks were lifted on Monday after China’s central bank announced a reform at the weekend to lower lending rates for companies
Source: BDliveSA - 🏆 12. / 63 Read more »
JSE rebounds as global stocks recoverAsian stocks were lifted on Monday after China’s central bank announced a reform at the weekend to lower lending rates for companies
Source: BDliveSA - 🏆 12. / 63 Read more »
Why Japan is a better investment bet than ChinaLow valuations and improving corporate governance are creating a rich hunting ground for bottom-up stock selectors, writes Kevin Cousins
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE in broad-based recovery amid Chinese stimulusNews China had lowered credit-costs for local businesses helps cheer local markets, with local diversified miners faring best on the day
Source: BDliveSA - 🏆 12. / 63 Read more »
City Lodge taxed profit falls 26% in subdued economyHotel group’s average occupancy falls from 61% to 58% on low business and consumer confidence
Source: BDliveSA - 🏆 12. / 63 Read more »