The JSE slumped on Friday morning along with global markets, as data showed that the coronavirus is having a severe effect on Chinese consumer spending.

New car sales in China plummeted 92% in the first two weeks of February, underscoring the potential economic effect of the ongoing outbreak.

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 exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now