Bloody Tuesday: JSE plunges over 5.5%
you are currently viewing::Bloody Tuesday: JSE plunges over 5.5%March 3, 2026-- Bourse dives as global markets reel on Middle East tensions.
The Top 40 index saw an almost 6% dive, while the resource index led plummeted 9.75%. The industrial and financial indices were down about 3% and 4%, respectively. This is in sharp contrast to the JSE closing at an all-time high on Friday following the 2026 Budget. Source: moneyweb.co.za |
June 9, 2026- The rand strengthened on Tuesday after South Africa's economy expanded more than expected in the first quarter of 2026, though the impact of the Iran war was likely to be reflected in the next release.
At 1415 GMT, the rand traded at 16.4325 against the U.S. dollar, up about 0.6%.