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MARKET WRAP: Market rout continues amid virus bloodbath

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The all share ended the day down 2.91% and the top 40 2.96%

The JSE tracked substantially weaker global markets on Thursday, giving up gains from the previous day’s budget speech as the spread of the coronavirus outside mainland China increases.

Since the coronavirus crisis began in January, the number of confirmed cases outside China has begun to grow at a faster pace than the number of new infections within China, the epicentre of the virus.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 Times Select.

 

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