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MARKET WRAP: JSE pares losses, but global recession fears remain

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Sentiment remains fragile as data from the US this week mostly signalled a slowing economy

The JSE pared losses on Friday, ending off its lows, with global markets staging a rebound after more hawkish comments from the Federal Reserve sparked global recessionary fears.

Global markets got a slight boost from a positive earnings report from Netflix, after posting more subscribers than expected even though its quarterly earnings missed analysts’ estimates...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.

 

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