The JSE tracked stronger global markets on Wednesday, as investors concerns about the effect of the Omicron variant of Covid-19 on the world economy eased.
However, comments by US Federal Reserve chair Jerome Powell on Tuesday that the central bank’s asset purchases may need to be tapered faster to fight rising inflation remain a source of unease...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 WRAP: JSE and rand recover from Friday’s sell-offRand recovered after the president said government had decided not to tighten lockdown curbs until more information was available on Omicron
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MARKET WRAP: JSE bucks global trend, led by minersMajor international markets were all weaker, bar Shanghai, as investors remain concerned about the Omicron variant
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Shake-up at Zara owner Inditex catches market by surpriseInditex stock plunges as founder’s daughter, Marta Ortega, named chair and CEO to be replaced after just two years
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Bidcorp reports record first-quarter trading results and gains in market shareFood services company has been able to pass on costs, offsetting inflation, labour shortages and supply-chain disruptions
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WATCH: Market ReportBusiness Day TV spoke to Caroline Cremen from Adviceworx
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Bidcorp reports record first-quarter trading results and gains in market shareFood services company has been able to pass on costs, offsetting inflation, labour shortages and supply-chain disruptions
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