MARKET WRAP: JSE ends the month on a sour note

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Thursday’s losses take the bourse’s decline to 8.14% for the month and 10.16% so far this year as investors fret about recession

The JSE fell the most in two weeks on Thursday, tracking weaker global markets in what has been a tough month, with investors continue to price in further pain.

Markets have endured a torrid first half of the year that has been dominated by surging inflation, rate hikes, Russia’s ongoing war in Ukraine and Covid-19 lockdowns in China — all of which have helped fuel fears of a global recession...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.

 

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Market Watcher: JSE loses steam just before closing[MARKET WATCHER] Mia Kruger of Kruger International discusses the day’s market moves, load shedding prompting a shift to renewable energy stocks, banking sector weakness, and consumer spending habits. MoneywebNews
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JSE shines in a tough market[ICYMI]Today on the MoneywebNOW podcast with SimonPB, analysis of the JSE’s trading update, results from Nike and the need for infrastructure spending. download the podcast in the link below:
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Oil dips as traders flip focus to slowdown despite tight marketOil took a breather after a three-day rally as concerns over a demand-sapping recession filtered back into the market. Moneyweb Oil Trades
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