MARKET WRAP: JSE retreats from record high as US inflation report dampens sentiment

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The all-share index broke a seven-day winning streak that was mostly buoyed by strong corporate earnings, closing 621 points off its intra-day high of 77,206 points

The JSE retreated from an intraday record high on Thursday as global markets were mixed after worse-than-expected US inflation data dampened sentiment.

The all-share index broke a seven-day winning streak that was mostly buoyed by strong corporate earnings, closing 621 points off its intraday record of 77,206 points...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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