The JSE tracked weaker international markets on Thursday, falling the most in 12 weeks, with the tech-heavy Nasdaq tumbling the most since March after reaching a record high earlier this week.
The Nasdaq tumbled nearly 5% following a streak of record-setting days over the past few weeks, with the fall affecting tech stocks across the globe, with Naspers and Prosus pulling the JSE all share lower on a day when all the major indices were in negative territory.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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MARKET WRAP: Rand weakens as ECB comments halt recent euro rallyThe JSE closed slightly weaker on the day, with banks faring worst, while food producer Libstar lost ground on disappointing interim results
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Market data — September 2 2020Market data including bonds and fuel prices
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The premium car market is on the rebound, says Rolls Royce chiefThe chief executive of Rolls-Royce said demand for his company's luxury cars is rebounding, helped by sales in Asia, and he is optimistic about the outlook for next year after the coronavirus pandemic hit consumer confidence and closed dealerships.
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Zimbabwe’s market regulator allows second bourse to openThe Victoria Falls Stock Exchange aims to attract local mining companies and foreign investors locked out of the country's main bourse
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