MARKET WRAP: JSE firms as China keeps easing Covid-19 restrictions

The JSE closed firmer on Wednesday, catching up in a holiday-shortened week with investor sentiment lifted by China’s progressive loosening of Covid-19 restrictions, which weighed on global economic growth this year.

Investors welcomed news that China will scrap its eight-day inbound quarantine on January 8, putting it on track to emerge from three years of self-imposed global isolation, reports Bloomberg...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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Nigeria's naira extends losses on official marketNigeria's naira extended losses on the official market on Wednesday to a record low of 461 to the dollar, as trading resumed after the Christmas holiday and the currency weakened to cope with high foreign exchange demand. GodwinIEmefiele ZShamsuna. Nigeria's currency has consistently depreciated in the face of persistently high oil prices. Isn't this another evidence of gross mismanagement as majority poor citizens continue to suffer diminishing purchase power. God bless Nigeria🙏
ソース: ReutersAfrica - 🏆 31. / 53 続きを読む »

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PROPERTY MARKET: Is the SA housing market slowing down? Here’s what to expect in 2023Two years of exuberance in the housing market are coming to an end, with business predicted to slow in 2023 due to rising interest rates and the increased cost of living. But the market is nowhere near to crashing. I have been seeing good results about her everywhere and a lot of people keep saying to reach out to her. I eventually did and it turns out profitable. If you aren't following EliDonovan01 you should be. I have added massively to my holdings.
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