MARKET WRAP: JSE falls almost 2.5% on global inflation fears

Platinum miners and banks led the rout on the JSE on Friday, with the JSE All Share index closing 2.45% lower at 67,978 points as inflation fears gripped world stock markets and sapped investor confidence.

Sasfin chief global equity strategist David Shapiro said “globally investors are extremely nervous and until they are convinced or satisfied that inflation has peaked, markets will remain volatile”. He said inflation could hit its peak next month or six months away, no-one really knows...

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Rand gains evaporate as risk aversion grips marketLocal currency’s slump of more than 4% may complicate policymaking for the Reserve Bank Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Williamchurch07 and started Bitcoin trading, I earned R500,000 in 3 weeks thanks Williamchurch07
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