JSE, rand bleed amid global market selloff | Fin24

  • 📰 Fin24
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

The JSE's All-Share index lost more than 2% on Monday.

The JSE's All Share index lost another 2% on Monday morning amid a global market sell-off. The index is now 10% lower than at the start of 2022.

European stocks tumbled to three-month lows on Monday, dragged down by technology and travel stocks, while Asian markets closed sharply lower. Emerging market stocks hit their lowest in more than two weeks. "We have a lot of uncertainty... less growth, more inflation combined with concerns about central banks hitting the brakes quite hard," said Elwin de Groot, senior market economist at Rabobank.The pan-European STOXX 600 index fell 1.9% to its lowest since March 8 - and has now shed nearly 17% since hitting a record high in January as fears about soaring inflation, policy tightening by central banks, and recent Covid-19 curbs in China raised worries about a potential recession.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of Allison_Grillo I made a successful withdrawal of R 200,000 with the help of Allison_Grillo.

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:

 /  🏆 21. 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.

MONEY LIVE | Rand crashes through R16/$ as market prepares for big US rate hike | Fin24MONEY LIVE | Rand crashes through R16/$ as market prepares for big US rate hike
Source: News24 - 🏆 4. / 80 Read more »

Sanral shocker: After vast underspending, its new rules risk even more delays, problems | Fin24The SA National Roads Agency has performed poorly since 2019. Now it wants too complicate matters by changing internationally followed tender evaluation processes. | politicsblahbla Fin24 politicsblahbla Fin24 To*** Your headline is incorrect. politicsblahbla Fin24 Who has been the Minister in charge since 2019? By the way, is his second name April so he doesn't forget the month of his birth? Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Allison_Grillo and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Allison_Grillo.
Source: News24 - 🏆 4. / 80 Read more »

New game plan proposed to end load shedding, as top researchers say Stage 8 looms | Fin24A top energy and economics consultancy has modelled the quickest and most realistic game plan to end load shedding. But it will require government to rethink its current plans and show political commitment that so far has been lacking. politicsblahbla Fin24 I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you. Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met Allison_Grillo and started Bitcoin trading, I earned R150,000 in 3 weeks thanks Allison_Grillo. politicsblahbla Fin24 These interventions will not happen in a country that is busy being governed to the ground!
Source: Fin24 - 🏆 21. / 63 Read more »

Sibanye-Stillwater lifts lockout as three month strike ends | Fin24The company will ramp gold mining operations back up over two to three months.
Source: Fin24 - 🏆 21. / 63 Read more »

Thabi Leoka | SA can never grow the economy without making a huge dent in unemployment | Fin24OPINION | The primary objective for all policymakers should be job creation. Every meeting, engagement, policy idea or investment should result in the employment of South Africans, says thabileoka thabileoka Fix immigration problem, drug problem, crime, corruption, incompetent governance then you can think of job creation thabileoka There should be less meetings, engagements, summits whatever, lets see decisions in action yesterday. Every SA know what problems are & we can't be permanently trapped in meetings about meetings & consensus when SA faces this great threat of instability. thabileoka PresidencyZA thabileoka We need action, not meetings & engagements etc. And illegal foreigners need to be sent back home! PutSouthAfricansFirst WeWantOurCountryBack
Source: News24 - 🏆 4. / 80 Read more »

The Foschini Group plans new platform with other brands - a 'first for SA' | Fin24The Foschini Group is planning a new 'omni-channel platform' – which its CEO says will be a first for South Africa. | Fin24
Source: News24 - 🏆 4. / 80 Read more »