JSE records best first quarter since 2007

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But the local bourse underperformed relative to other emerging markets as several large stocks plummeted

The JSE recorded its best first-quarter performance since 2007 in the three months to end-March 2019.

Naspers, which accounts for about a fifth of the index, was at a seven-month high at end-March. The stock has risen due to a recovery by its main asset, Hong Kong-listed Tencent.

 

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