FIN 24 – Markets

FIN 24 – Markets

from across the globe, including equities, currencies, commodities and bonds.

, South Africa’s premier site for up-to-date business and finance news, stock market data, economic analysis, personal finance and investment information.

’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.

Fin24.com | Floor trading resumes at NYSE - with masks and plexiglas

The New York Stock Exchange, the symbolic heart of Wall Street, reopened its floor Tuesday after a two-month closure due to the coronavirus, with traders donning masks and separated by plexiglas.

Fin24.com | Global stock markets climb on hopes of further lockdown easing

Global stock climbed Monday, buoyed by the prospect of further easing of coronavirus lockdowns despite sharp increases in case rates in some countries such as Brazil.

Fin24.com | Rand strengthens thanks to lockdown easing globally

The rand, which was seen heading past R20 to the US dollar, has strengthened in recent weeks as the world's leading economies ease lockdown restrictions.

Fin24.com | The rand's rebound is gathering momentum

The rand’s comeback seems to be gathering momentum.

Fin24.com | A month after oil plunged into the abyss, prices are surging

For the world’s most important commodity, there’s never been a month like it.

Fin24.com | Palladium jumps above $2 000 amid optimism over China reopening

The World Platinum Investment Council says a surplus in the global platinum market is lower than feared.

Fin24.com | Oil jumps above $30 for first time in two months on output cuts

The price of oil rose as producers in the US and elsewhere continued to cut activity.

Fin24.com | Gold climbs to 7-year high after US Federal Reserve's stocks, growth warnings

Bullion has surged 16% this year as the spread of the virus curbed economic growth, roiled markets, and prompted vast amounts of stimulus to be unleashed by governments and central banks.

Fin24.com | Oil rises for a fifth day with output cuts easing glut concern

Oil was headed for the longest run of daily gains in more than nine months on signs the worst of the supply glut may be over as production cuts start to take effect.

Fin24.com | Markets wrap | Firmer close in Asia lifts JSE All-Share Index

On the currency market, the rand traded softer against the greenback as it slipped to a session low of R18.77/$.

Fin24.com | Oil set for second weekly gain with market starting to rebalance

Oil headed for its first back-to-back weekly gain since February as output cuts from the biggest producers and a nascent recovery in demand began to rebalance a market awash with crude.

Fin24.com | JSE erases earlier gains as global economy exhibits more strain

The local bourse had managed to open firmer following a rally in Asian stocks in earlier trading.

Fin24.com | Stock markets plunge on devastating growth data

Stock markets plunged on Thursday after economic growth data confirmed fears of Covid-19's bruising impact on the world economy.

Fin24.com | Oil falls on fears a second virus wave would pummel demand again

Oil pared last week’s gain as fears of a potential resurgence in global coronavirus cases countered tentative signs of a demand recovery.

Fin24.com | Saudi to cut oil output by another million barrels per day

Saudi Arabia said Monday it had asked oil giant Aramco to cut its output by an additional one million barrels per day from June, to support prices that have crashed during the coronavirus crisis.

Fin24.com | Gold bars fight coronavirus kits for space on the plane

Swiss refiner Valcambi SA tried for five straight days last month to move a shipment of gold out of Hong Kong. Twice the metal was packed carefully onto a plane, only to be offloaded again.

Fin24.com | Arab stock markets plunge nearly 25% in Q1 as oil crash takes its toll

Arab stock markets plunged almost a quarter in value in the first three months of 2020 due to the coronavirus pandemic and the collapse in oil prices, a UN agency said Thursday.

Fin24.com | Markets wrap | JSE retreats as global markets fret over economic growth

Deep losses were recorded across most European benchmarks except the FTSE 100 which managed to trade relatively flat on the day.

Fin24.com | Markets wrap | Local stocks edge higher as optimism remains

Still, there was disappointment in terms of economic data following the release of the SACCI Business Confidence index data for April which came in at 77.8, compared to a forecast of 89.2.

Fin24.com | Stocks rise despite record US job losses

The rand strengthened against the greenback as it peaked at a session high of R18.30 before it was recorded trading 1.41% firmer at R18.32/$ at 17.00

Related posts