JSE firms as investors review Russia-Ukraine developments
US inflation hit a 40-year high of 7.9% on Thursday, and treasury secretary Janet Yellen said inflation would be worsened by the invasion of Ukraine
11 March 2022 – 11:05
The JSE was firmer on Friday morning, with its global peers mixed, as the risk-on mood due to optimism about a possible diplomatic solution to the Ukraine-Russia war waned somewhat, while investors also digested rising inflation.
Investors’ hopes for a diplomatic solution between Russia and Ukraine were dashed after a meeting between the two countries’ foreign ministers failed to achieve any breakthrough…
Source: businesslive.co.za
