MARKET WRAP: JSE weaker amid global recession concerns

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Inflation, global growth and recession concerns are taking centre stage as the first half of the year draws to a close

The JSE closed slightly weaker on Monday, with its global peers mixed, as inflation, global growth and recession concerns are taking centre stage as the first half of the year draws to a close.

Investors are concerned that the global economy won’t be able to avoid a recession after several central banks around the world hiked interest rates aggressively in the fight to get inflation under control. ..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 TimesLive Premium.

 

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