The JSE was weaker on Thursday morning along with its global peers, while the rand reversed the previous session’s gains as risk sentiment remained fairly negative amid high US interest rates and recession fears.
The markets rallied overnight after the Bank of England announced its bond-buying plans to help stabilise the markets. The JSE trimmed its losses from one-year lows in the previous session at the back of the BoE’s announcement, while the rand firmed below R18 to the dollar. ..
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