News Formal

MARKET WRAP: JSE closes weaker as investors digest US jobs report

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

The all share index, however, gained 3.06% for the week, thanks to a rally on Monday and Tuesday

The JSE ended lower on Friday, tracking weaker US and European markets as investors digested the US September jobs report.

US non-farm payrolls data showed the unemployment rate continued to decline, coming in at 3.5%, down from the 3.7% the previous month. The data also showed that the world’s biggest economy added 263,000 jobs, higher than the market expectations of a 250,000 gain. ..

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Business Maverick: Stocks Trade Off Lows in Bumpy Session Before Jobs: Markets WrapStocks came off session lows in a volatile session, with traders not very keen on making big moves ahead of the all-important jobs report.
Source: dailymaverick - 🏆 3. / 84 Read more »

JSE faces mixed Asian market as Opec overshadows global marketsOpec+ announcing it is cutting production pushed up oil prices, adding to already high global inflation
Source: BDliveSA - 🏆 12. / 63 Read more »