JSE could halt two-day slide after Wall Street U-turn

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Dramatic comeback highlights the skittish sentiment

The JSE could rebound on Tuesday after a two-day slide left the all share index at its lowest level since late December.

The two-day slide in the SA share market came off a high base after the all share scaled record highs over the past week. Elsewhere, Brent crude was a tad lower at $86.79, after sliding as much as 3% the day before. Rising Brent crude has been one of the drivers of headline inflation in SA, which rose to an annual rate of 5.9% in December, the highest in about five years.

 

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