The JSE closed weaker on Wednesday as investors digested hurdles to US President Joe Biden’s stimulus proposal. Focus is on the US Federal Reserve’s monetary policy announcement later in the day.
The JSE all share fell for a second day, dragged lower by miners, Naspers and Prosus. The tech-heavy stocks followed a weaker close by e-commerce and gaming group Tencent in Hong Kong, which closed lower for the second day in a row after a huge rally on Tuesday. ..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.
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MARKET WRAP: JSE drops due to volatile equity marketJSE weakens with global equity markets as retail traders cause havoc on US markets Get a trusted Bitcoin expert and stick to hes Marksust7 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
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MARKET WRAP: JSE slips on concern over rising US treasury yieldsThe JSE all share gained nearly 12% the first quarter of 2021
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