MARKET WRAP: JSE slips as surging Covid-19 cases in Europe weigh on global sentiment

Business News News

MARKET WRAP: JSE slips as surging Covid-19 cases in Europe weigh on global sentiment
Business Business Latest News,Business Business Headlines

The stock market took a breather after hitting record highs this week as investors digested the central bank’s decision to increase the repo rate

The JSE closed weaker on Friday, as investors digested the SA Reserve Bank’s rate hike decision and the market took a breather after hitting record highs this week. The latest surge in Covid-19 infections in Europe weighed on global sentiment.

The local bourse extended Thursday losses, pausing for breath after strong gains this week which saw the all-share index hit a record high of 71,447 points...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH: Market reportBusiness Day TV talks to Imtiaz Suliman from Sentio Capital
Read more »

WATCH: Market reportBusiness Day TV talks to Imtiaz Suliman from Sentio Capital
Read more »

International Finance: Biden Urges FTC to Probe Gasoline Market With Prices Up 50%International Finance: Biden Urges FTC to Probe Gasoline Market With Prices Up 50%President Joe Biden urged the Federal Trade Commission to probe possible illegal conduct in U.S. gasoline markets, though any inquiry by the agency is unlikely to have an immediate impact on pump prices paid by consumers.
Read more »

WATCH: Market ReportBusiness Day TV talks to Dale Hutcheson from Absa Asset Management
Read more »



Render Time: 2025-01-10 13:09:39