JSE drops as global growth fears weigh on markets
The all share, top 40, banks and financials were all down significantly in morning trade
BL PREMIUM
15 April 2020 – 12:15
The JSE was on track to end its two-day winning streak on Wednesday, with most global equity markets weaker as fears about the economic effect of the Covid-19 pandemic weighed on sentiment.
The International Monetary Fund (IMF) said on Tuesday that it expects the global economy to shrink by 3% in 2020 in what could be the worst global slump since the Great Depression.
Source: businesslive.co.za
