JSE slips as investors focus on SVB failure
Some market participants are betting the sudden financial shock could cause the US Fed to pause interest-rate hikes
14 March 2023 - 11:00
The JSE was weaker on Tuesday morning, with its global stocks mixed as investors assessed the implications of the Silicon Valley Bank (SVB) collapse.
Stock markets remained under pressure despite the US treasury and Federal Reserve stepping in to provide emergency funding to the banking sector, in the face of a potential banking crisis...
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.