MARKET WRAP: JSE falls as Fed comments result in sell-off in tech stocks

2022-01-14 07:23:00 PM

MARKET WRAP: JSE falls as Fed comments result in sell-off in tech stocks

MARKET WRAP: JSE falls as Fed comments result in sell-off in tech stocks

Local bourse followed its global peers weaker on Friday with technology stocks, seen as most sensitive to higher interest rates, hit the most

Lindiwe TsoboThe JSE closed weaker on Friday, tracking its global peers as comments by US Federal Reserve officials led to a sell-off in technology stocks.In addition to prospects of a first rate hike in March, Fed officials have delivered some hawkish testimony before Congress this week, as higher energy costs and supply-chain disruptions stoke price pressures in the world’s largest economy...

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MARKET WRAP: JSE muted as investors digest US inflation reportSoaring consumer prices in the world’s leading economy has fuelled expectations of multiple rate hikes To make it all easy to your understanding,, it's based on investment whereby you're given the opportunity to make investment with a minimum amount and you get returns from a weekly trade carried out in the platform... ASK ME HOW

Africa Cup of Nations wrapCameroon advanced to the last 16 of the Africa Cup of Nations with a 4-1 victory over Ethiopia on Thursday evening. Read more ➡️

Africa Cup of Nations wrap - 12 January 2022Cote d'Ivoire made a winning start to their Africa Cup of Nations campaign, while debutants Gambia secured victory over Mauritania. SLInt MORE: What's the use of VAR as Equitorial Guinea was robbed of a clear penalty? In fact the standard of refereeing in that tournament is poor.

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Africa Cup of Nations wrapIvory Coast opened their Group E campaign on a winning note after edging Equatorial Guinea 1-0 at Japoma Stadium. Read more ➡️ Afcon results fairly predictable ... 9 games all won by 1 nil scoreline !!! There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about williamchurch09 it has been a pleasure collaborating with you...there is no other way I can show my appreciation other than tweeting the good deed you have done.

Gauteng’s property market lags other metrosGauteng’s property market lags other metros: Broker survey shows bleak prospects for Gauteng in 2022 as coastal areas lead in commercial, retail and industrial property Wow - chilly elsewhere in Jozi I see! Or is it just the realty price freeze?

14 January 2022 - 18:16 Lindiwe Tsobo The JSE closed weaker on Friday, tracking its global peers as comments by US Federal Reserve officials led to a sell-off in technology stocks.13 January 2022 - 18:05 Lindiwe Tsobo The JSE was little changed on Thursday, but still hovering around a fresh record high, while global markets were mixed as investors digested the US consumer price numbers.Cameroon book Afcon Last 16 spot Jan 13, 2022 - 07:55 pm By Staff Reporter African Football Cameroon advanced to the last 16 of the Africa Cup of Nations with a 4-1 victory over Ethiopia on Thursday evening.Ivory Coast Off To Winning Start, Gambia Make History Jan 12, 2022 - 11:05 pm By SL International Equatorial Guinea 0-1 Cote d'Ivoire Ivory Coast made a winning start in Group E after defeating Equatorial Guinea 1-0 at the Stade Omnisport de Douala.

In addition to prospects of a first rate hike in March, Fed officials have delivered some hawkish testimony before Congress this week, as higher energy costs and supply-chain disruptions stoke price pressures in the world’s largest economy..8% in November.. Although, it didn’t unsettle the host at all as Karl Toko-Ekambi popped up unchecked at the back-post inside the six-yard area four minutes later to head in Collins Fai’s cross. B Premium This article is reserved for our subscribers.. 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. After an eventful first stanza, Ibrahima Kone finally broke the deadlock for Les Aigles three minutes into the second stanza from the penalty spot after a handball by Ellyes Skhiri in the box.

Already subscribed? Simply sign in below. B Premium This article is reserved for our subscribers.   The five-time African champions regained momentum minutes to halftime as Toko-Ekambi rose high in the area to head a corner against the woodwork. .