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Story perspectives

JSE Soars Amid Global Uncertainty; Philippines Faces Trade Woes

6/2/2025

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Story summary
  • In May 2025, the JSE soared, with all major indices climbing over 10% year-to-date, defying global uncertainties. The South African rand gained strength, igniting investor optimism. In contrast, the Philippines grapples with a trade deficit, leading to urgent calls for a weaker peso to bolster exports and safeguard local industries.