MARKET WRAP: JSE and rand gain as global stocks recover on positive US jobs data

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

This is despite growth in the US economy slowing in the final quarter of 2020

The JSE rose and the rand strengthened as European stocks edged higher and US equities rebounded from their worst session since October following positive earnings and economic data in the world’s biggest economy.

The rand advanced against the dollar, euro and pound as market sentiment improved after Apple reported record quarterly earnings. Better-than-expected weekly jobless claims in the US also boosted investor optimism...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités