MARKET WRAP: JSE slightly firmer, rand weakens as investors eye Russia-Ukraine developments
After the JSE closed, US markets weakened as hopes diplomacy might resolve the Ukraine crisis fade
18 February 2022 - 19:50
The JSE closed slightly firmer despite mostly weaker global markets on Friday as investors continued to assess the Russia-Ukraine geopolitical standoff, while the rand broke a four-day winning streak.
The JSE was supported by a strong showing from the precious metals & mining index, which was boosted by the gold price rising to $1,900/oz overnight...
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.