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By Sunburst Staff THE JSE All-Share Index fell to a two-month intraday low on Wednesday. The fall was mainly due to the continuing sell-off in the resources and banking sectors. Among top losers of the day were Mediclinic International Ltd (JSE Code: MDC) down 2.9 percent, Aspen Pharmacare Hldgs L (JSE Code: APN) down 2.8 percent, Anglogold Ashanti Ltd (JSE […]
» Read moreEconomy Following the Fed’s dovish policy statement last week, investors will again tune in to Fed Chair Janet Yellen, as the market struggles to figure out the timing of the next rate hike. After a week of volatile moves in bonds, stocks and currencies, Yellen will discuss her own view on how Fed policy should evolve from here. Friday’s data […]
» Read moreBy 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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