MARKET WRAP: JSE ends first quarter firmer

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Markets deal with contagion fears and banking-sector stress but the local bourse gains 4.18% for the quarter

The JSE finished the week and the first quarter firmer, in line with its global peers as markets dealt with more interest-rate tightening and a mini-financial crisis inflicted by the collapse of Silicon Valley Bank in the US.

The all share finished the first quarter 4.18% firmer, and it was up 1.88% for the week — helped by gains in industrial metals, food producers, resources and financials — which were up 3.7%, 3.5%, 3.02% and 2.12%, respectively. ..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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 /  🏆 12. in PT
 

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