South Africa
This article was added by the user . TheWorldNews is not responsible for the content of the platform.

MARKET WRAP: JSE and rand recover from Friday’s sell-off

The JSE and rand recovered a fair portion of Friday’s losses when global markets slumped on concerns about the new Covid-19 variant, which has now been named Omicron.

On Monday the JSE had its best day since late March, with the all share up 2.03% to 70,008 points, while the top 40 added 1.91%. Banks rose 3.92%, and financials 3.61%...

BL Premium

This article is reserved for our subscribers.

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.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now