MARKET WRAP: JSE drops due to volatile equity markets
SA’s R2030 government bond firmed, with the yield falling less than four basis points to 8.74%
29 January 2021 - 18:17
The JSE retreated along with global equity markets amid ongoing concern about heightened market volatility driven by a retail trading frenzy, even as positive vaccine news boosted optimism about a recovery from the Covid-19 pandemic.
The rand strengthened after December data showed SA reported its eighth consecutive, monthly trade surplus and Reserve Bank governor Lesetja Kganyago said there is room for further stimulus should the country experience a third wave of Covid-19...
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