Why the JSE closed lower yesterday

What: The gains on the market on Monday were reversed on Tuesday as the JSE THE JSE closed lower. At 5pm, the all share closed 0.15% lower at 54,327.10 points, with the blue-chip top 40 giving up 0.25%. Gold miners dropped 3.86%, followed by resources losing 3.46% and platinums down 2.26%. Financials added 1.04%. Why: The pressure on the JSE […]

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Why Was There a Huge Sell Off on the JSE Yesterday?

By Vivian Atud What: Johannesburg—Sunburst Africa—there was a huge sell off on the JSE yesterday with markets closing for a third day in negative territory. The JSE All-Share Index closed 0.6 percent in negative territory after trading closing 1 percent in negative territory the previous day. Why: Volatility in global markets continued to wreak havoc on the JSE as investors […]

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