The JSE closed weaker on Friday, while global markets were mixed as disappointing US jobs data weighed on sentiment.
The local bourse hovered around a record high, reaching an intraday best of 71,579 points, as concerns over the Omicron Covid-19 virus strain appeared to be easing on initial indications that while the new variant is highly contagious, it seems to have less severe symptoms...
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MARKET WRAP: JSE eases as Omicron spreadsFed chair Jerome Powell’s comments on possibly speeding up the central bank’s tapering add to cautious sentiment
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European stocks open higher, shrug off Asian market weaknessGlobal markets seem to be accepting the possibility of more Covid-19-linked activity curbs and an accelerated pace of stimulus tapering by the US Fed
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Young entrepreneur creates app to help artists market their musicSelf-taught information technology specialist Sibusiso Zwane has created a music application to give local up-and-coming and established artists a platform to sell their music and promote their brands.
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WATCH: Market ReportBusiness Day TV talks to independent analyst Ashraf Mohamed about the day’s market movers
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Closure of Absa money market fund hurts unit trust sector’s inflowsAsisa data shows unit trust inflows fell to a five-year low in the third quarter after the closure of Absa's money market fund saw clients cash out 🔒 As easy as that!
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WATCH: Market ReportImtiaz Suliman from Sentio Capital talks to Business Day TV about the day’s market movers
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