South Africa’s Financial Markets Poised for Potential Shifts on July 15th
Stay informed on potential shifts in South Africa’s financial markets on July 15th, with a range of economic events and market movements set to influence trading activities. From Treasury bill auctions to government conferences on climate change resilience, get the latest updates on the South African rand, U.S. Treasuries, and Wall Street dynamics. Subscribe to CNBC Africa’s newsletter for breaking business news and expert insights.
JSE Considers Splitting Main Board to Attract Smaller Companies
The Johannesburg Stock Exchange (JSE) is considering splitting its main board to attract smaller companies and create a more inclusive platform. This strategic move aims to appeal to a diverse range of businesses and enhance capital raising opportunities. Industry experts are closely monitoring the potential implications of this proposed split, highlighting the JSE’s commitment to fostering innovation and inclusivity in the capital market.
JSE Declines as Investors Await US Inflation Data
The JSE experienced a decline on Friday morning as global markets remained mixed while investors anticipated the release of the Federal Reserve’s preferred measure of inflation. Oanda senior market analyst Craig Erlam noted a sense of caution ahead of the…