Markets LIVE: Naspers lists on A2X, Brexit worries mount for BOE Tue, 18 Dec 2018 14:44:17 +0200
The global media giant says its shares have been approved to trade on the local A2X stock exchange as a secondary listing with effect from December 27.
Europe's leading stock markets have fallen further at the open, with London's benchmark FTSE 100 index shedding 0.5% to 6 738.49 points.
The global media giant says its shares have been approved to trade on A2X stock exchange with effect from December 27, 2018.
Chinese equities have declined as President Xi Jinping’s speech on the country’s four decades of reforms did little to lift sentiment.
Oil has dived lower near $49 a barrel as investors sought more assurance that OPEC’s output cuts will work in the face of surging US supply.
Traders in African markets have had a year to forget, and there are signs the rout’s not over yet.
Tokyo stocks opened lower, extending losses on Wall Street, as investors looked ahead to meetings of the US and Japanese central banks.
Euro bulls may not be able to count on the Fed meeting next week for support as European policy makers grow more concerned over the region's growth prospects.
US stocks sold off to close the week down sharply, with fears of slowing global growth pushing all three major Wall Street indices down about 2%.
The JSE All-Share index is currently trading in a tight sideways range in the short-term, offering trading opportunities in both directions.
The JSE has held on to its gains to close firmer as global markets remained upbeat following consecutive sessions of gains.
Asian markets have enjoyed more gains as investors are cheered by the more conciliatory noises from China and the US on trade.
The rand firmed by more than 1% on Wednesday as it broke below R14.10 to the greenback as a result of a softer dollar. However, it failed to hold on to its gains.
Europe's major stock markets have flatlined with the European Central Bank on the cusp of withdrawing its emergency crisis-fighting economic stimulus.
The rand closed at R14.45 to the US dollar on Friday afternoon, after a day's range of R14.1804 - 14.4681.
Tokyo stocks have ended higher as worries over a US-China trade war receded.
The British currency sustained gains won late Wednesday after Prime Minister Theresa May survived a bid by her own MPs to unseat her through a no confidence vote.
The JSE closed firmer as it tracked other global equity benchmarks higher, mainly on the back of positive comments on trade from US President Donald Trump.
The pound headed for the biggest gain in a month on increased confidence UK Prime Minister Theresa May will survive a leadership challenge, amid reports that she had the backing of a majority of Conservative Party Parliament members.
European stocks rose after news that British Prime Minister Theresa May will later face a no-confidence vote over her handling of Brexit negotiations.