MARKET WRAP: JSE closes lower in line with global peers

The JSE started the week on a muted note and was lower in line with its global peers, as China released far higher than expected inflation figures on the back of severe lockdowns in response to a Covid-19 outbreak in Shanghai.

China’s producer price index, a measure of factory inflation, increased 8.3% year on year, according to data from the National Bureau of Statistics, which put pressure on Asian markets...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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