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Billions wiped off South Africa market in minutes amid global bloodbath
March 16, 2020--The JSE's all share index started the week with an instant loss of 6% in opening trading.
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Source: FIN24
JSE wrap: Recovery falls short right at the close
March 13, 2020--The attempted rebound on the JSE fell just short as the index slipped into the red right before the close.
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Source: FIN24
JSE wrap: Panic sets in as markets head deeper into the red
March 12, 2020--The JSE All-Share index eventually closed 9.72% weaker while the JSE Top-40 index lost 9.92%. The Resources index plummeted 14.43%, while the Financials and Industrials indices lost 6.37% and 8.72% respectively.
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Source: FIN24
JSE wrap: Milder declines, but Sasol can't catch a break
March 11, 2020--Some form of pricing stability returned to the all-share index on Wednesday as the index closed reasonably softer on the day.
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Source: FIN24
Nigeria: Budget 2020 Records N494bn Revenue Shortfall
March 10, 2020--The Federal Government's budget 2020, yesterday, came under major threat with a loss of N494 billion in the projected oil revenue following the global crash in crude oil price, which saw the price of nation's Bonny light tumbling to $46 per barrel, 10.67 percent lower than the budget benchmark of $57 per barrel.
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Source: allafrica.com
Bloodbath on the JSE as markets plunge around the world
March 9, 2020--Already unnerved by the coronavirus crisis, markets were shocked by a 30% crash in the oil price overnight.
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Source: FIN24
Volatile rand makes an about-turn, strengthening more than 2%
March 9, 2020--The rand has been on a roller-coaster ride, losing as much as 8% in early morning trade nearly touching R17/$ before bouncing back to R15.97/$ by noon.
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Source: FIN24
JSE down by over 2% as global markets slide
March 6, 2020--Now that coronavirus has reached South African shores, the JSE has shed over 2% in mid-morning trade, with the rand similarly taking a beating as global markets are in risk-off mode.
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Source: FIN24
Rand falls by over 2% against dollar as SA confirms first coronavirus case
March 5, 2020--The spread of the coronovirus is causing massive uncertainty around the world,says TreasuryONE.
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Source: FIN24
Blue chips tip the all-share index lower
March 4, 2020--Local stocks lost momentum towards the close to end the day softer on Wednesday while the rand found some traction and strengthened against the greenback.
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Source: FIN24
