MARKET WRAP: JSE ends the month on a sour note

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Thursday’s losses take the bourse’s decline to 8.14% for the month and 10.16% so far this year as investors fret about recession

The JSE fell the most in two weeks on Thursday, tracking weaker global markets in what has been a tough month, with investors continue to price in further pain.

Markets have endured a torrid first half of the year that has been dominated by surging inflation, rate hikes, Russia’s ongoing war in Ukraine and Covid-19 lockdowns in China — all of which have helped fuel fears of a global recession...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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