JSE dips as Middle East tension weighs on risk appetite
Local bourse tracks global markets after US air strike kills Iran’s top military commander
03 January 2020 - 12:36
The JSE was lower on Friday as global markets remained in negative territory after a US air strike in Iraq added to investor fears that tension in the Middle East could escalate.
Iranian military commander Maj-Gen Qassem Soleimani was killed during an air strike in Baghdad on Friday, the US confirmed. Iran’s supreme leader Ayatollah Seyed Ali Khamenei vowed “severe revenge” for Soleimani’s death, a move that further rattled markets amid fears about the effect the tension will have on the geopolitical environment...
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