MARKET WRAP: JSE rebounds with global markets as US nonfarm payrolls cool down

The JSE ended 1% higher on Friday, reversing losses of as much 2%, indicating the degree to which markets have become skittish as they continue to second guess the interest rates outlook in the US.

The all-share index gained 0.96% to 74,823.02 points, as the heavily sold down resources market rebounded, boosted by some stability in commodity prices as the dollar weakened after the release of the US nonfarm payrolls report...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 TimesLive Premium.

Ireland Ireland Latest News, Ireland Ireland Headlines

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

MARKET WRAP: JSE weaker with focus on Fed’s minutesThe JSE was weaker on Wednesday morning as investors awaited the minutes from the recent federal open market committee meeting.
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE plummets on strong US jobs dataPrivate sector employment figures add to growing concern that more rate hikes are in store
Source: BDliveSA - 🏆 12. / 63 Read more »

As Steinhoff limps off the market, here’s who made billionsIt appears increasingly probable (in case it wasn’t obvious in December already) that shareholders in Steinhoff International will walk away with nothing … Moneyweb Fraud
Source: Moneyweb - 🏆 5. / 77 Read more »

As Steinhoff limps off the market, here’s who made billions
Source: Moneyweb - 🏆 5. / 77 Read more »

Zuma pledges support to African Voluntary Carbon Credits Market Forum in Zimbabwe | The Citizen🌍🌱Former president Jacob Zuma commits to combating climate change and supporting the African Voluntary Carbon Credits Market Forum in Zimbabwe. climatechange JacobZuma TheCitizenNews Catch up⬇️
Source: TheCitizen_News - 🏆 6. / 75 Read more »