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The JSE fell sharply on Friday, with the All Share down 2.20% and the resources index off 5.12%. Early Monday trading saw Brent fall 1.4% to $111.84 and gold recover to about $3,911 an ounce as Iran diplomacy continued.
Lower crude reflects reduced near-term fear of supply disruption, which eases diesel and fertiliser cost pressure for feed production. This is routine market commentary on moves already under way.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.