Listed property sector records worst day in history
Index falls more than 16% in one day as coronavirus stokes fears of mall closures and higher operating costs
18 March 2020 - 20:33
SA’s listed real estate sector had its worst day in history on Wednesday as it plunged amid concerns that managing the Covid-19 pandemic would result in a surge in mall owners’ operating costs.
The property index fell just under 17%. The JSE fell to its weakest level since the middle of 2013 on Wednesday, with the all share index dropping 7.15%...
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