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MARKET WRAP: JSE falls as Naspers’s 2018 slide reaches 31%

The JSE all share closed weaker on Tuesday‚ slipping below 51‚000 points‚ as the overall market was pulled down by Naspers‚ with earlier gains by banks and financials‚ due to the firmer rand‚ fizzling out towards the close. Sentiment was…

Finance Minister Tito Mboweni

JSE closes flat but extends losses to fourth consecutive week

MARKET WRAP The JSE closed flat on Friday‚ but ended the week 2.58% lower‚ after neither global markets nor the rand gave the local bourse a clear direction. The all-share fell 0.08% to 52‚093 points and the top 40 lost 0.09%. Financials…

JSE slips in broad-based losses as Fed turns hawkish

The JSE fell on Thursday‚ bringing its cumulative losses for the week so far to 2.5% as risk-off trade on global markets continues. Indications the US Federal Reserve will continue with interest rate increases‚ or even increase their pace…

JSE opens weaker in choppy trade as Trump questions Fed’s actions

The JSE opened weaker on Tuesday in cautious trade as the US appeared set on implementing higher tariffs against China‚ while US president Donald Trump has questioned further interest-rate hikes by the US Federal Reserve. The market…

JSE opens weaker as Trump intensifies trade war with China

The JSE opened weaker on Thursday in renewed risk-off trade amid new signs of an escalating global trade war with China as the US Federal Reserve kept interest rates unchanged‚ as expected. Naspers was one of the early losers‚ dropping…

JSE closes sharply lower as global markets slump on renewed trade war threat

The JSE closed weaker on Tuesday in risk-off trade as concern about an escalating trade war between the US and China hit global markets. Miners struggled despite the weaker rand‚ while rand hedges were mixed. The rand lost nearly 2% at…