JSE drops as focus shifts to domestic risks
Moody's Investors Service is expected to give a ratings review on SA later on Friday
27 March 2020 - 11:12
The JSE’s winning streak, which was supported by global stimulus measures, was short-lived as investors await a ratings review from Moody's Investors Service on Friday while SA entered its 21-day lockdown period.
At 10.31am, the JSE all share was down 1.76% to 44,254.11 points and the top 40 1.87%. Banks lost 4.98% and financials 3.48%. The JSE had, however, gained more than 12% over the past five sessions as global market sentiment improved. ..
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