JSE faces downgrade and lockdown threats on Friday
Asian markets continue to climb amid global stimulus efforts, while SA has entered a 21-day lockdown on Friday, ahead of a Moody’s review
27 March 2020 - 07:11
The JSE could take its lead from firmer Asian markets on Friday and extend gains for a fourth-consecutive session, even as a 21-day lockdown begins and the possibility of junk status looms.
Ratings agency Moody’s Investors Service is scheduled to give its review of SA’s credit rating later, with the local bourse boosted this week by stimulus measures abroad and at home...
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.