MARKET WRAP: JSE recoups some ground after dropping to lowest level since October

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The JSE followed international markets higher, ending a two-day losing streak

The JSE ended firmer on Friday, largely in line with global markets, snapping a two-day losing streak that pushed the all-share index to its lowest point since October.

Like its foreign counterparts, the SA share market has had a torrid second quarter, marred by concerns about rampant inflation in the global economy and the subsequent aggressive increases in interest rates by the US Federal Reserve...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.

 

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