MARKET WRAP: JSE ends lower but records weekly gain on rand hedges and miners
With the rand plumbing record lows, companies that benefit from overseas sales did well this week
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03 April 2020 – 20:14
The JSE maintained its weekly gain even after tracking international counterparts lower on Friday, having earlier received a boost from a weaker rand that benefits companies with overseas sales.
The rand’s slump to record lows boosted JSE miners and other rand hedges.
Source: businesslive.co.za