MARKET WRAP: Miners drag JSE to six-week low as China’s Covid-19 situation weighs
Stocks start the week on the back foot as concerns about global growth, the war in Ukraine and China’s worsening Covid infections take their toll
25 April 2022 – 18:10
The JSE fell to a six-week low on Monday, retreating in line with its global peers as the worsening Covid-19 situation in China added to concerns about world economic growth.
The death toll in China’s commercial hub Shanghai continued to climb during the weekend, despite a fourth week of hard lockdowns, whileauthorities started mass testing in Beijing, warning that infections were spreading…
Source: businesslive.co.za