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.
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