Why the JSE is hitting new highs - despite record load shedding and recession fears | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

The JSE reached a new record high this week despite local woes. This is thanks to a global rally, with some of the large multinationals on the local bourse getting a boost. But locally focused companies are also offering good value, and may outperform

, the JSE started the year with a bang. The All-Share Index is up almost 9% since the beginning of 2023, and reached a new intraday record high of 79 760 points on Monday.

Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

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.

Social media booms as recession looms: TikTok leads in business-to-business marketingOPINION | Social media booms as recession looms: TikTok leads in business-to-business marketing - Meltwater’s Global State of Social Media 2023 report finds it is the main tool used for increasing brand awareness
Source: mailandguardian - 🏆 2. / 92 Read more »

Ancient Roman concrete was incredibly strong — scientists may have just figured out why | Business InsiderHow ancient Roman concrete — used to build famous sites like the Pantheon — has survived over the millennia has baffled scientists for a long time.
Source: BISouthAfrica - 🏆 34. / 51 Read more »

MARKET WRAP: JSE marginally firmer as rand weakens amid power crisisLocal currency weakens as load-shedding and its effect on the economy weigh
Source: BDliveSA - 🏆 12. / 63 Read more »