MARKET WRAP: Rand has its worst week since June as stimulus taper looms
Retailers and miners led losses on the JSE, with the all-share falling almost 5% this week
BL PREMIUM
20 August 2021 – 19:03
The rand ended its worst week in nine on Friday as concerns about economic recovery and fresh virus outbreaks weighed on global sentiment.
Markets took a knock from all sides this week with no end in sight to the spread of the Delta variant of Covid-19, talk of stimulus tapering in the US and the likelihood of further action by market regulators in China…
Source: businesslive.co.za