MARKET WRAP: JSE ends weaker after strong US jobs report

A strong US jobs report paused the global markets rally on Friday, with the JSE tracking European and US markets lower in the afternoon.

After being in the black for most of the day, the JSE all share index fell about 800 points from its intraday high after the US jobs report showed non-farm payrolls added 390,000 jobs last month — better than the 328,000 jobs predicted by Bloomberg...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE shudders after Janet Yellen’s inflation commentsUS treasury secretary’s admission that she got it wrong on the threat posed by rising prices spurs renewed concerns about interest rates and the global economy
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE closes firmer after wild swingsInvestors are weighing up the extent of tighter monetary policy in the US and the effect global economic growth
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE-listed fintech reports earnings surgeFintech group Capital Appreciation highlighted strong acceleration in business activity in reporting financial results for the year ended March 2022., adding that it has a strong pipeline going into fiscal year 2023.
Source: BusinessTechSA - 🏆 24. / 61 Read more »