EDITORIAL: Comair collapse raises a red flag amid benign JSE performance
Bourse has dropped only 14% since March 5 when the first Covid-19 case was confirmed
06 May 2020 - 05:10
Since the March selling frenzy that sent the JSE all share index to levels last seen nearly seven years ago, it has been on a gravity-defying run that seems to brush aside all kinds of bad economic news stemming from the Covid-19 outbreak.
The broadest measure of the SA stock market performance has dropped about 24% from this year’s peak and only 14% since March 5, when the National Institute of Communicable Diseases confirmed the first Covid-19 case. ..
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