JSE could be under pressure on Thursday as investors seek safe havens

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

South Africa Headlines News

US markets fell sharply on Wednesday, with most Asian markets following suit on Thursday, as concerns about the global economy persist

The JSE could be under pressure on Thursday morning, with risk sentiment fragile as investors consider the implications of the Covid-19 outbreak.

There’s little doubt that Covid-19-related news has been responsible for the poor start to the quarter There have also been claims by US intelligence that China has concealed the true extent of the epidemic inside China, and whether this was true or not, the question remained whether the economic effects of the virus had been adequately priced in by markets, he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

JSE faces mixed Asian markets on Wednesday as volatility slowsGlobal equity markets are mixed as stimulus hopes contend with the prospect that the Covid-19 outbreak will worsen in some countries
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE has worst month in almost 12 years amid virus worriesThe rand and JSE gained on Tuesday as better-than-expected Chinese PMI data lifted global markets Moody Moody’s didn’t help.
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Stock pick — JSENolwandle Mthombeni from Mergence Investment Managers talks to Business Day TV
Source: BDliveSA - 🏆 12. / 63 Read more »

World markets fall as traders head back to safe havensAs Covid-19 sends the global economy into a deeper recession, equities and commodities have a poor second-quarter start
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE has worst month in almost 12 years amid virus worriesThe rand and JSE gained on Tuesday as better-than-expected Chinese PMI data lifted global markets Moody Moody’s didn’t help.
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Stock pick — JSENolwandle Mthombeni from Mergence Investment Managers talks to Business Day TV
Source: BDliveSA - 🏆 12. / 63 Read more »