Banks and retailers lead JSE rebound
Sectors claw back some losses after Trump’s tariff carnage as analysts say SA assets offer the best relative value
08 April 2025 - 20:44
SA’s banks and retailers led a rebound on the JSE on Tuesday as the local bourse started to claw back the losses resulting from the global carnage of “liberation day” US tariffs.
Still, as savvy investors took advantage of the attractive valuations, the banks have a long way to go to recover from the losses they suffered last week when US President Donald Trump spooked markets by announcing sweeping tariffs on imports, sparking a trade war with China and raising the risk of a global recession...
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.