The Markets Ledger

JSE headed for worst month in almost two decades

Johannesburg’s benchmark stock index is heading for its worst month in almost two decades, reeling from a double hit as the Iran war saps demand for emerging-market assets while plunging precious-metal prices weigh on the country’s miners.

Pension funds dominate stock market

Pension funds were responsible for 45.36 percent of total purchases, equivalent to about ZiG540.09 million, out of the ZiG1.19 billion worth of trades settled through the Chengetedzai Depository Company and the Zimbabwe Stock Exchange (ZSE) Depository.