JSE muted as investors assess effect of rising Covid-19 cases in China
According to Bloomberg, Covid-19 restrictions now weigh on a fifth of China’s economy as infections continue their upward march
22 November 2022 - 11:01
The JSE was little changed on Tuesday morning, while its global peers were mixed as investors continued to assess the effect of China’s Covid-19 curbs and the outlook for US Federal Reserve policy.
There are mounting concerns that China may tighten Covid-19 curbs following reports of a string of virus-related deaths. According to Bloomberg, Covid-19 control restrictions now weigh on a fifth of China’s economy as infections continue their upward march, defying the central government’s call for more targeted, less disruptive Covid-19-Zero measures...
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