Investment update | Betting on Berkshire Hathaway. LVMH triggers Richemont slump

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Investment update | Betting on Berkshire Hathaway. LVMH triggers Richemont slump

, the JSE’s All-Share Index ended the day flat. The JSE-listed luxury company lost 5% after disappointing third-quarter results from its French competitor,

. 's revenue in the three months to September grew just 9% year-on-year, a noticeable slowdown from the 17% growth in the previous two quarters.on Wednesday as bond yields tumbled again. The yield on the global benchmark 10-year US Treasury note was last down 8 basis points at 4.573%, sharply below last week's peak of 4.887%, which was the highest level since 2007.

 

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