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JSE losses deepen as stock rout continues
February 27, 2020--The JSE tumbled on Thursday as it resumed its downward trend following a minor relief bounce caused by the Budget 2020 speech.
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Source: FIN24
South Africa: Economic Growth Revised Downward to 0.9 Percent
February 26, 2020--South Africa's economy is expected to grow by 0.9% in 2020, National Treasury said on Wednesday.
This is a downward revision from the 1.7% projection made in the February 2019 budget.
In its budget review just over a year ago, Treasury had projected real economic growth of 1.5% in 2019 and 1.7% in 2020.
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Source: allafrica.com
All-share index softer after mixed session
February 25, 2020--The all-share index eventually closed weaker on Tuesday following a mixed session in which the local bourse swung between gains and losses.
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Source: FIN24
Nigeria: Economy Records Highest Quarterly Growth Since 2016
February 24, 2020--The Nigerian economy is recovering as it grew by 2.55 per cent in real terms in the fourth quarter of 2019.
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Source: allafrica.com
Markets plummet as coronavirus fears escalate
February 24, 2020--The JSE plummeted along with global stocks as heightened fears over the spread of the coronavirus outside of China escalated.
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Source: FIN24
JSE stocks fall as coronavirus infections rise
February 21, 2020--It is becoming more apparent that some economies and companies will be severely impacted due to the loss of productivity caused by the quarantining of people
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Source: FIN24
Zimbabwe: Stock Exchange Capitalization Surge As Investors Seek Refuge
February 20, 2020--Market capitalization on the Zimbabwe Stock Exchange (ZSE) grew 64 percent in just a little over a week to reach ZWL$ 67 billion as at close of trading yesterday on the back of investors continuing to seek shelter in the equities amid local currency depreciation, 263Chat Business can report.
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Source: allafrica.com
Local bourse erases earlier gains as risk aversion returns
February 20, 2020--The JSE had managed to get off to a firmer start before the declines in Europe weighed in the afternoon session.
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Source: FIN24
Resources carry the JSE
February 19, 2020--Stocks in Europe were buoyant with gains being recorded across all the major indices, while US stocks also managed to open firmer.
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Source: FIN24
Local stocks softer on downgrade fears
February 18, 2020--Weakness was not only limited to the local bourse as global markets also retreated on the back of concerns that the coronavirus would have much bigger impact on global growth
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Source: FIN24
