JSE firmer, but trade remains continues

2022-01-19 12:06:00 PM

JSE firmer, but trade remains continues

JSE firmer, but trade remains continues

Global markets are mixed as investors mull choppy previous session, during which there was a sell-off in tech stocks

Lindiwe TsoboThe JSE was firmer on Wednesday morning, while its global peers were mixed as investors mulled a choppy previous session, during which there was a sell-off in tech stocks.US treasury yields surged as the prospect of Federal Reserve monetary tightening to fight high inflation sparked a sell-off in the previous session, with technology stocks — which are most sensitive to high-interest rates — were the most badly affected...

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19 January 2022 - 11:02 Lindiwe Tsobo The JSE was firmer on Wednesday morning, while its global peers were mixed as investors mulled a choppy previous session, during which there was a sell-off in tech stocks.19 January 2022 - 08:02 Andries Mahlangu Picture: FREDDY MAVUNDA The JSE is likely to trade lower on Wednesday, reflecting investor angst about higher consumer inflation and possible interest rates increases.17 January 2022 - 18:53 Lindiwe Tsobo The JSE staged a rebound on Monday, while global markets were mixed, as a public holiday in the US resulted in low trading volumes.17 January 2022 - 11:38 Andries Mahlangu The JSE seesawed in midmorning trade on Monday, with a public holiday in the US resulting in low trading volumes.

US treasury yields surged as the prospect of Federal Reserve monetary tightening to fight high inflation sparked a sell-off in the previous session, with technology stocks — which are most sensitive to high-interest rates — were the most badly affected.. The yields on the US 10-year paper hit their highest level in two year at about 1... B Premium This article is reserved for our subscribers. The rand changed hands to the dollar at R15. A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily. A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.16% on the day and backing away from its two-month high R15. A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily. .