JSE could pause for breath after bouncing back

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South Africa Headlines News

All-share index close to record highs after relief rally

The JSE could pause for breath on Tuesday, after a relief rally that left the all-share index above the psychological of 70,000-points, which is near record highs.

Brent crude edged up 0.14% to $73.58 a barrel, having climbed down from its seven-year high of $86 a barrel, touched just more than a month a year ago, which is a saving grace for SA that is net importer of Brent crude. Vaccine manufacturers, including Johnson & Johnson and Moderna, said on Monday they stood ready to adapt their vaccines to deal with Omicron, if needed, helping to soothe market concerns.

 

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South Africa can jump start its economy if it does the following: 1-Remove the race based BBBEE laws! 2-Remove all labour law red tape! 3-Reduce Corporate Income Tax to 22%! (This will be lowered to 27% next year tho) .... TalkingAfrica

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MARKET WRAP: JSE and rand recover from Friday’s sell-offRand recovered after the president said government had decided not to tighten lockdown curbs until more information was available on Omicron
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE faces muted Asian markets on Monday as investors eye OmicronOil prices recovered 4%, but concerns that Covid-19 will persist have been pummelling global markets since Friday For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnoldnike93 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
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