MONDAY, 11.00AM:
WORLD and local markets are in for a hectic week amid signs that a market crash could be under way, and with the possibility of an interest rate hike by the German Bundesbank.
Meanwhile, trade on the Johannesburg Stock Exchange on Friday was thin, and major indices posting losses. The industrial index plummeted 95,2 points to close at 8 981,2, while the gold index shed 8,5 points to 1 016,2. The all share index followed with a 73,4 point drop to 7 307.
Meanwhile, on Wall Street, the Dow Jone industrial index saw a roller-coaster day, losing 92 points in the morning before recovering slightly to post a 72-point loss on the day to close at 7 622,42. And in London, the FTSE 100 index closed down 27,9 points down at 4 817,5. Aisan markets were also especially volatile on Friday.
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