JSE firms amid mixed as investors keep track of developments in Ukraine

The JSE was firmer on Monday morning with its global peers mixed as Russia’s war in Ukraine pushed into a second month. That sparked a cautious start to the week, while investors considered the economic effects of tighter US monetary policy.

The Russia-Ukraine war continues to be the central focus for markets. With no end to the war in sight, investors are concerned about a gloomy economic outlook due to inflationary pressures and material shortages, which are expected to feed through to consumer prices in the coming months. ..