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The 15th Brics summit, which was hosted in South Africa, was met with a decreased market index, moving from 3,816.83 on the 21 August to 3,792.01 on 22 August, which also happened to be the actual starting day of the Brics summit. (Delwyn Verasamy/M&G)
BRICS SUMMIT

Despite e-focus, Brics has no effect on stock markets

Much of the enthusiasm for a new financial order might well be misaligned

  • Bhaso Ndzendze
  • Thando Mncwango
6 min read