JSE opens to a sea of red
It was a sea of red at the JSE open on Thursday morning as the local bourse took its cue from Asian and US markets.
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It was a sea of red at the JSE open on Thursday morning as the local bourse took its cue from Asian and US markets.
The JSE closed in positive territory on Monday with financials and resources sectors leading the gains to close at 69 211.76. The All Share index was 0.82% higher, resources were up 1.53% while financials gained 1.26%.
The stock market’s two day-winning streak was cut short yesterday as share prices plunged after investors digested the country’s headline inflation in April.
Markets are the most wonderful, powerful, crazy, brilliant, frustrating and glorious innovations of the modern world.
I have just been reading the fourth volume of the Zondo Commission reports, and this one covers a crucial issue: the attempted capture of National Treasury by the Gupta family.