JSE could benefit from stimulus efforts on Friday
Asian markets are firmer on Friday morning as central banks around the world move to shore up fragile investor confidence
20 March 2020 - 07:08
The JSE could take its lead from firmer Asian markets on Friday morning, as global central banks move to inject liquidity into a market beset by deep concern over the economic implications of the coronavirus outbreak.
The Reserve Bank surprised the market on Thursday by cutting interest rates by 100 basis points, while the Bank of England also cut rates, even as the US Federal Reserve said it was working on a new stimulus package...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.