MARKET WRAP: JSE extends losses amid global growth concerns

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The JSE all share index touched its lowest level since October last year as it followed global peers sharply lower

The JSE tracked weaker global markets on Monday as the combination of high interest rates and a potential recession as inflation surges continue to weigh on sentiment.

Global markets have been volatile in recent weeks as uncertainty increases over the outlook for monetary policy, inflation and economic growth...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.

Source: News Formal (newsformal.com)

 

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