The JSE fell the most in more than a month on Friday, as it played catch up after Thursday’s sell-off in world stocks fuelled by fears of a downturn in the global economy as central banks move aggressively to tame rising inflation.
The JSE’s all-share index fell more than 3%, taking the week’s losses to 3.56%, with moves “exaggerated given the shortened week locally, with liquidity limited as a lot of investors are taking an extended long weekend,” said RMB fixed income sales specialist Michelle Wohlberg. ..
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.
MARKET WRAP: ECB pledge settles nervesMarkets take heart from European Central Bank’s commitment to reduce the effect of interest rates rising more steeply in some of its member countries than others
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: BusinessTechSA - 🏆 24. / 61 Read more »
WATCH: JSE’s performance amid market volatilityBusiness Day TV speaks to Anchor Capital CEO Peter Armitage about why SA is weathering the storm
Source: BDliveSA - 🏆 12. / 63 Read more »
WATCH: Market ReportBusiness Day TV talks to Roy Mutooni from Absa Asset Management
Source: BDliveSA - 🏆 12. / 63 Read more »