JSE dip wipes out market gains of year to date

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(Gianluigi Guercia, AFP)
(Gianluigi Guercia, AFP)

Johannesburg - The JSE again lost ground on Monday as global political uncertainties continue to push world bond yields down.

Although the losses were modest, after two months in 2017 the market is now back at the levels reached at the beginning of the year, meaning that all gains from the first few weeks in January have again been lost.

The local market started the year on a strong note but has been in a steady decline since January 22, when it reached a high for the year.

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