When herd behaviour is used for selfishness, all you’re left with is a smug sense of entitlement, writes Charlene Naidoo.
Schalk Louw points out those fiscal and monetary measures that will likely soften the blow to South African consumers as the country navigates the current crisis.
The local bourse closed softer on Thursday after another whipsaw session.
A volatile trading session ensued for the JSE on Tuesday as it swung between being flat and gains before eventually closing firmer.
The attempted rebound on the JSE fell just short as the index slipped into the red right before the close.
Some form of pricing stability returned to the all-share index on Wednesday as the index closed reasonably softer on the day.
Global stocks plummeted on Monday after brent crude recorded its worst fall since the Gulf war in 1991.
The all-share index eventually closed weaker on Tuesday following a mixed session in which the local bourse swung between gains and losses.
The JSE closed mildly firmer on Thursday as markets remained buoyant following significant gains over the past two sessions.
There are four penny stocks worth looking at on the JSE. Investors should, however, analyse their choices of these types of shares carefully.
The JSE closed softer on Monday, primarily on the back of losses on the resources index.
The JSE rallied on Friday along with other global markets on the back of a broad-based global stock rebound.
Global stocks resumed their downtrend on Wednesday on the back of renewed fears over the spread of the coronavirus.
The local bourse plunged along with other global stocks as the sell-off in stocks intensified due to worsening fears over the spread of the coronavirus.
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.
Stocks have bounced on Tuesday following one of the worst single day routs since the financial crisis of 2008/09.
But the coronavirus fallout could still get uglier, one expert warned.
The JSE closed softer on Friday in line with global markets which retreated despite robust US jobs numbers.
The JSE closed firmer as global markets rallied further on the back of optimism that progress was being made containing the coronavirus.
Local stocks rallied on Tuesday on the back of strong upward momentum across most global markets.
Pressure mounted on the JSE which saw it close weaker in tandem with trends in global markets which traded under pressure.
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