Moneyweb Radio SAfm Market Update with Moneyweb

Market Watcher: Turning on the taps more difficult than turning them off

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Gary Booysen of Rand Swiss unpacks the market's response to news of the ceasefire in the Strait of Hormuz. He explains the still-anticipated inflation shocks, the end of the fuel subsidies and the pressure of rate hikes on consumers. He weighs in on commodity prices boosting Harmony Gold's shares 7.61% by the closing bell, with platinum up over 3% and gold 1.35%. He also looks at the JSE's performance, with Sibanye-Stillwater soaring 6.71%.

Gary Booysen – Portfolio Manager, Rand Swiss
25 May 1PM English South Africa Business · News

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