Flash Briefing: JSE food producers perk up, mining stocks take a hit; Boeing drifts on safety deactivation
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RCL and Pioneer Foods were among biggest gainers on the JSE on Monday.
Mining stocks took a knock with Amplats dropping by nearly 6% with Implats not far behind. Mining analysts are concerned that a move by the government to deregister trade union AMCU could create chaos in the mining sector.
President Ramaphosa’s anti-corruption strategy has claimed fresh scalps - this time by hitting graft-tainted politicians and officials where it hurts most - in the pocket.
And in the US, the ongoing investigation into the Ethiopian Airlines and Lion Air crashes has seen the Boeing share price fall 10% since March 10.
Mining stocks took a knock with Amplats dropping by nearly 6% with Implats not far behind. Mining analysts are concerned that a move by the government to deregister trade union AMCU could create chaos in the mining sector.
President Ramaphosa’s anti-corruption strategy has claimed fresh scalps - this time by hitting graft-tainted politicians and officials where it hurts most - in the pocket.
And in the US, the ongoing investigation into the Ethiopian Airlines and Lion Air crashes has seen the Boeing share price fall 10% since March 10.
