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MARKET WRAP: JSE firms as markets shift focus to US stimulus

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The consumer price index accelerated to 3.2% in July from 2.2% in June

The JSE was firmer on Wednesday while the rand snapped a three-day winning streak as global markets await more signs of stimulus ahead of the US Jackson Hole symposium.

The JSE all share gained 0.82% to 56,572.24 points and the top 40 0.94%. Gold miners rose 3.98% and industrials 1.25%.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 Times Select.

 

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