MARKET WRAP: JSE tumbles with Naspers falling the most in more than 20 years

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Global markets also fell as Russia’s invasion of Ukraine intensified

The JSE tumbled the most in six weeks on Friday as stocks fell broadly, with Naspers and Prosus leading the losses on the local bourse.

Naspers dropped 10.94% to R1,633.42, the biggest one day loss since September 18 2001, while Naspers fell the most since it first listed in September 2019, down 9.97% to R817...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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mondi optimistic about market share gains, but Russian threat casts a shadowThe group says it’s yet to feel the full benefits of recent price increases, but is facing uncertainty in Russia which generates a fifth of its profit
Source: BDliveSA - 🏆 12. / 63 Read more »

Market Watcher: Elevated commodity prices lift randPreston Narainsamy, portfolio manager at Nedbank Private Wealth, talks about Russia being isolated from investors as its key indices get removed and rating agencies cut it to junk status. We also look at Santam versus Sanlam.
Source: Moneyweb - 🏆 5. / 77 Read more »

Mondi optimistic about market share gains, but Russian threat casts a shadowThe group says it’s yet to feel the full benefits of recent price increases, but is facing uncertainty in Russia which generates a fifth of its profit
Source: BDliveSA - 🏆 12. / 63 Read more »