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Concerns over the economic outlook and corporate profitability in the US took their toll on the London market last week, with weakness compounded by investors’ reduced risk appetite and talk of stagflation.
Both the JSE bulls and the Blue Bulls stacked up huge scores on Friday – not called a bull market for nothing – the JSE closed at yet another high (16876).
Absa Bank has launched a series of products aimed at South Africans who have chosen either to travel or work in the UK.
The JSE continued last week’s trend - the bulls storming ahead through a pack of embarrassed bears – by gaining another 100 points to close just below 16500.
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