JSE a safe haven in US election storm
The rand and the JSE gained on Monday as jittery global markets awaited the outcome of the US’s congressional elections on Tuesday
06 November 2018 - 07:16
The rand and JSE appeared to be seen as a safe haven ahead of Tuesday’s US congressional elections. The rand strengthened from R14.41/$ to R14.14/$ on Monday, and was trading at R14.19/$, R16.19/€ and R18.52/£ at 6.25am.
On a generally bad Monday for global stock markets, the JSE’s all share index rose 1.19%...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.