JSE firms as investors review Russia-Ukraine developments
US inflation hit a 40-year high of 7.9% on Thursday, and treasury secretary Janet Yellen said inflation would be worsened by the invasion of Ukraine
11 March 2022 - 11:05
The JSE was firmer on Friday morning, with its global peers mixed, as the risk-on mood due to optimism about a possible diplomatic solution to the Ukraine-Russia war waned somewhat, while investors also digested rising inflation.
Investors’ hopes for a diplomatic solution between Russia and Ukraine were dashed after a meeting between the two countries’ foreign ministers failed to achieve any breakthrough...
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