MARKET WRAP: JSE gains in late flurry but all eyes are on Ukraine

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US president Joe Biden to give an update on Washington’s response to Russian President Vladimir Putin being granted sweeping powers to deploy troops abroad

A late flurry of buying pushed the JSE to a firmer close on Tuesday though the prospect of an imminent Russian invasion of Ukraine kept investors’ nerves jangling.

Russian President Vladimir Putin said that he would recognise the independence of two breakaway regions in Ukraine, undercutting peace talks with the US and Western European allies, and prompting deeper sanctions from Washington and the UK...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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