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MARKET WRAP: JSE tracks global markets lower

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Investors are growing increasingly concerned about rising energy prices and their effect on inflation globally

The JSE closed weaker in line with global markets on Wednesday as rising energy prices fuel concerns about accelerating inflation and subsequent interest rate hikes.

Investors are also waiting for Friday’s employment numbers from the US to provide an indication on the health of the world’s biggest 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 Sunday Times Daily.

 

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