JSE firms amid mixed as investors keep track of developments in Ukraine
US Federal Reserve officials have indicated readiness to take more aggressive action to bring inflation under control
28 March 2022 - 10:58
The JSE was firmer on Monday morning with its global peers mixed as Russia’s war in Ukraine pushed into a second month. That sparked a cautious start to the week, while investors considered the economic effects of tighter US monetary policy.
The Russia-Ukraine war continues to be the central focus for markets. With no end to the war in sight, investors are concerned about a gloomy economic outlook due to inflationary pressures and material shortages, which are expected to feed through to consumer prices in the coming months. ..
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.