MARKET WRAP: JSE has worst day in a month amid fears of second virus wave
Agribusiness Zeder’s share price jumped 6.33% to R2.35 after the company said on Monday that it had sold its shares in Quantum Foods
BL PREMIUM
15 June 2020 – 18:27
The JSE had its worst day in a month on Monday as a spike in Covid-19 cases in some developed economies sent global equities downhill as investors worry that countries may re-institute lockdowns, which could bring economic activity to a halt.
The JSE all share fell 2.55% to 52,270.20 points, its biggest drop since April 15, after a surge in new coronavirus cases in parts of the US, China and Japan sparked concern about the global economic recovery. Disappointing industrial and retail data from China also weighed on sentiment.
Source: businesslive.co.za
