JSE, rand slide as China's rising Covid-19 cases weigh on sentiment
The JSE was weaker, with the rand falling more than 1% on Monday morning as fears of stricter lockdowns in China amid a record daily spike in Covid-19 cases weighed on markets.
China has reported its first deaths in months, sparking fears of tougher restrictions, a week after issuing guidelines aimed at making its Covid-19 approach more targeted...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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