The damage has mostly come from commodity shares, though big industrial stocks have held up reasonably well
The JSE will likely trade higher on Thursday, taking its cue from the global markets, which showed signs of stability after a tumultuous month.
Commodity prices also bounced back, despite angst about the slowing growth in China, which is the top consumer of raw minerals. The JSE is headed for its worst monthly decline since late October, with the all share having declined 4% so far in September, with the damage coming mostly from commodity shares. The resource 10 index was down 15% in September, according to Bloomberg data.
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