MARKET WRAP: JSE has third day of losses as rand hedges slump

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MARKET WRAP: JSE has third day of losses as rand hedges slump 🔒

Rand hedges dragged the JSE lower on Friday as the rand recorded its second consecutive day of gains.

Richemont fell 2.01% to R112.44, AB InBev 4.80% to R962.36, British American Tobacco 2.25% to R560.58, Naspers 3.82% to R2,933.42, and Prosus 4.34% to R1,580.01.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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