Global shares, oil buckle under viral threat
the South African stock and bond market, together with the rand, showed their fragility as panic about the coronavirus, or Covid-19, gripped investors across the globe.
By 10 March the FTSE/JSE All Share Index slumped by almost 11.8% since the beginning of the year, whereas the rand slid by more than 11.7%. Over the weekend of 6 to 9 March, the currency fell from R15.67 to as low as R16.97 – its weakest level in
