The rand remains weak against the dollar after ratings agency Moody’s cut its forecast for South Africa’s economic growth, raising fear through the markets that we are due for a downgrade. The Moody’s report also cited a decrease in its growth forecast for China to 5.2 per cent as the coronavirus takes a knock on global growth expectations. Moody’s has noted the Covid-19 impact on Chinese markets but how JSE listed companies exposed to Chinese markets reacting to the epidemic, joining CNBC Africa is Jean Pierre Verster, CEO at Protea Capital Management.
These are the JSE listed stocks to short over COVID-19
PUBLISHED: Tue, 18 Feb 2020 11:23:53 GMT
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