Latest / SAfm Market Update with Moneyweb
Markets: Local equities in the green, but rand faces pressure
Marco Efstathiou of Absa CIB unpacks gains in local equities amid a global tech sell-off, concerns over AI spending and a weaker rand. He discusses Asian market losses, led by technology stocks such as Samsung, and explains why investors are watching earnings from US banking giants. He rounds off with a look at commodity markets, where gold remains a safe-haven asset. SAfm Market Update - Podcasts and live stream
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