The Johannesburg Stock Exchange (JSE) says South Africa (SA) remains highly resilient despite facing brutal market shifts triggered by recent global geopolitical tensions. Because SA is one of the most liquid emerging economies, it is often the first to bear the brunt when global conflicts flare up and investors pull back from risk.
Helina Andhee, the JSE’s Chief Officer for Capital Markets, highlighted that the market experienced an immediate, heavy sell-off as soon as the war broke out in March.
She noted that the subsequent surge in volatility and trading activity reached the highest levels the exchange has ever experienced, directly reflecting a massive, synchronized shift away from risky assets by global investors.
–ChannelAfrica–
