MARKET WRAP: JSE slips as risk appetite wanes
Another hawkish comment from the Fed fuels caution on equities and commodities, while dollar recovers some ground
17 November 2022 - 19:48
The JSE ended weaker for a second straight session on Thursday, reflecting the moderation in risk appetite globally after more hawkish remarks from Federal Reserve officials.
The all-share index gave up 0.56% to settle at 72,195.32 points, dragged lower mainly by miners and big industrial stocks. Still, the all-share is up 8% in the month to date...
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.