South Africa’s shares boom amid global trade turmoil

South Africa’s shares boom amid global trade turmoil

The NewsSouth Africa’s stock market hit record highs, providing a reprieve for the government amid escalating trade tensions with Washington. Boosted by a jump in revenues for Naspers, the country’s largest listed company, the Johannesburg Stock Exchange was on pace for its best month in nearly a year, during which it has outperformed the markets of both the US and peer countries. It comes as investors have piled into South African bonds as they…

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