The JSE extended Friday’s gains, tracking firmer European and US markets which were benefiting from positive corporate earnings reports and Friday’s better-than-expected US January employment report, which showed the Omicron Covid-19 variant failed to derail a labour market recovery in the world’s largest economy.
Positive earnings helped lift sentiment at the start of a new week after three-quarters of S&P 500 listed companies met or beat earnings expectations for the fourth quarter. ..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 Sunday Times Daily.
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JSE faces mixed Asian market on Monday as uncertainty persistsStrong US economic data has helped support earnings, but geopolitical tensions linger and energy prices remain elevated
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