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Stocks on the JSE fell to its lowest level in more than a week yesterday following disappointing economic data from China, just after a recent record high of 69 814 points last week. ....
Economy remains at risk of sharp contraction because of civil unrest iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Exports look set to boost struggling economy By Dineo Faku Share THE surge in commodity prices has been an unexpected boost for the local economy with a rebound in global demand soaring. Palladium, rhodium, iron ore, gold and coal prices this week saw the SA Revenue Service raking in a record R54.6bn trade surplus in May on the back of the commodity bull run. President Cyril Ramaphosa this week said the surplus was primarily driven by minerals, precious metals and vehicle exports. Ramaphosa said transport equipment, chemical products and agricultural products also contributed. “High commodity prices and rising global demand is good for our economy, particularly the mining sector. ....
SA stocks close in green as vaccine roll-out resumes By Siphelele Dludla Share JOHANNESBURG - SOUTH African stocks closed in the green on Monday buoyed by broadbased gains in banks and grocery stores on the resumption of the Covid-19 vaccination programme. The JSE All Share Index rose 0.41 percent to 67 573 index points, remaining high throughout the day after the government set the date to lift the ban on vaccines. The Sisonke implementation study was suspended earlier this month after some patients in the US developed a unique blood clot, but recent studies have shown this is a one in a million occurrence. ....