South Africa’s banking index reverses losses, rises over 10%
South Africa’s banking
index reversed earlier losses triggered by the central
bank’s move advising lenders to scrap dividends late on Monday,
to rise more than 10%, outperforming a 3.83% rise in the broader
Johannesburg Stock Exchange.
index reversed earlier losses triggered by the central
bank’s move advising lenders to scrap dividends late on Monday,
to rise more than 10%, outperforming a 3.83% rise in the broader
Johannesburg Stock Exchange.
Posted by Reuters
