Relief likely to be short-lived, though, as global markets are under pressure amid scepticism about tax cuts announced the UK’s mini budget
The JSE staged a modest comeback on Monday after struggling for direction most of the day, led by industrials and precious metals.
Tiger Brands was the star performer, gaining 10.4% to R177.81 — the most since 2000 — after announcing that earnings for the year to end-September are expected to rise by as much as 45%, despite recently recalling its baby powder products on fears they may be contaminated by traces of asbestos...
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