Industrials Reit and Sasol led the gains on the JSE on Monday, with global markets mixed, while the rand was weaker along with other emerging-market currencies as a surprise oil production cut sparked fresh inflation concerns.
Investors were caught off guard after Opec+ announced a surprise production cut of more than 1-million barrels a day from May, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy...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 TimesLive Premium.
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