SA shares lose R1 trillion in seven days

Fallout from US bank concerns
Renewed concerns over the health of banks prompted selling in the sector in Europe and the US, combining with recession risks and the outlook for hawkish monetary policy to batter sentiment.
A global slump in stocks dragged South Africa’s benchmark equity index lower for a seventh day on Wednesday, the longest losing streak for the market since October 2018.The FTSE/
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Namibian Sun 2025-05-13

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