The JSE closed weaker on Thursday as Omicron variant of Covid-19 continued to spread. A hawkish tone from the US Federal Reserve chair on Wednesday also weighed on sentiment.
More countries, including the US, have detected infections with the Omicron strain. While it’s not yet clear whether the variant is more severe than the main Delta virus, investors are jittery about the prospects for the economy and when the pandemic could end...
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MARKET WRAP: JSE firms as Omicron fears easeRand strengthens for third straight session even after Fed’s hawkish comments on tapering of asset purchases
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WATCH: Market ReportImtiaz Suliman from Sentio Capital talks to Business Day TV about the day’s market movers It’s never too late to start making beneficial mark, so glad taking risk and it turned out positively…thank God for encountering with lisamiabtc…it’s has been a great news ever since I came across her on twitter.
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WATCH: Market ReportImtiaz Suliman from Sentio Capital talks to Business Day TV about the day’s market movers
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Shake-up at Zara owner Inditex catches market by surpriseInditex stock plunges as founder’s daughter, Marta Ortega, named chair and CEO to be replaced after just two years
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Bidcorp reports record first-quarter trading results and gains in market shareFood services company has been able to pass on costs, offsetting inflation, labour shortages and supply-chain disruptions
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WATCH: Market ReportBusiness Day TV spoke to Caroline Cremen from Adviceworx
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