News24
19 Nov 2019, 23:43 GMT+10
The JSE surged for a second consecutive session on Tuesday as it tracked global markets higher.
US indices recorded fresh all-time highs led by tech shares as the main equity bourses continued to show signs of resilience.
The upward momentum started off in Asia as the Hang Seng and Shanghai Composite Index closed 1.55% and 1% higher respectively.
The Nikkei however closed 0.53% softer. Stocks in Europe traded mostly higher while US equity futures also pointed higher for most of the day's session before the spot market opened.
On the currency market, the US dollar retreated against a basket of major currencies which saw gains being recorded for emerging market currencies including the rand.
The local unit peaked at a session high of R14.71. At 17:00, the rand was trading 0.16% firmer at R14.78/$.
Get a daily dose of North Carolina Daily news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to North Carolina Daily.
More InformationWASHINGTON, D.C.: In a significant shift to federal vaccine guidance, the U.S. government will no longer recommend routine COVID-19...
NEW YORK CITY, New York: As trade policy uncertainty rattles markets and slashes valuations, a growing number of U.S. retailers are...
FRANKFURT, Germany: Volvo Cars, based in Sweden, is cutting 3,000 jobs to reduce costs as the automobile industry struggles with trade...
YOKOSUKA, Japan: Facing mounting losses and global restructuring, Japan's Nissan Motor Corp. is turning to its unique e-Power hybrid...
DUBLIN, Ireland: An Irish High Court judge has allowed the Irish Council for Civil Liberties (ICCL) to begin a class action-style lawsuit...
TOKYO, Japan: As global inflation remains stubborn and growth prospects dim, central bankers from around the world gathered in Tokyo...