MARKET WRAP: BAT and Absa lead JSE losses

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nigeria News News

All the major indices were under pressure on the day as a spike in Covid-19 in some countries weighed on global sentiment

Absa and British American Tobacco led losses on the JSE, while global markets were weaker as a spike in Covid-19 cases hurt sentiment.

Shares in Absa, the country’s third-biggest banking group by assets, fell the most in almost three weeks after it said on Tuesday it had reached an agreement with Daniel Mminele that would see him step down as a director and group CEO with effect from April 30...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines