MARKET WRAP: Rates decision buoys JSE and rand

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JSE all share has gained 1.89% this week after slumping 2.24% on Monday to its lowest level since January

The JSE was in buoyant mood ahead of Friday's public holiday, gaining for a third straight day as markets globally recovered from a sharp sell-off at the start of the week.

The rand was firmer, too, as markets welcomed the Reserve Bank’s decision to keep its benchmark rate at a record low. ..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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