The JSE touched another record high on Monday morning with the rand on track for its ninth consecutive day of gains, as last week’s rally continues.
The market upturn provided a welcome respite after a tumultuous start to August. Earlier in the month, underwhelming economic data had ignited recession fears and concern about the US Federal Reserve’s pace of rate cuts, triggering a global market plunge. ..
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.