The JSE (Johannesburg Securities Exchange) closed the day in a very good position. Infact, most stock exchanges across the world are in positive territory today this on the back of the US interest rates cut.
The JSE all share index closed 3.62% higher, as resources rallied 6.01%. The platinum mining index climbed 4.89%, and the gold mining index added 3.08%. Industrials gained 1.42%, financials rose 2.4% and banks collected 1.4%.
Let’s see how the markets trade for the rest of the week. Could be a very interesting week with lots of money being made by investors.
- Good luck Springboks
The Rand Today would like to send a good luck message to the South Africa rugby team as they take part in the Rugby World Cup final this weekend again...
- Good luck Bafana Bafana
Today the South Africa national football team plays their first match in the Africa Cup of Nations (AFCON) and we at The Rand Today would like to wish...
- No interest change - For now
Today (Thursday 14 August), Reserve Bank governor, Tito Mboweni, announced that the Reserve Bank's (SARB) Monetary Policy Committee (MPC) has decided ...
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