MARKET WRAP: JSE ends abridged session firmer as rand holds on to recent gains

The rand and JSE were both slightly firmer on Friday afternoon in thin pre-holiday trade as the equities market closed early ahead of the Christmas long weekend.

The rand has enjoyed a strong week, spurred by news that President Cyril Ramaphosa emerged victorious to lead the ANC for a further five years and as the dollar traded sideways...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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Stocks extend advance into Asia; dollar weakens: markets wrapStocks rallied in Asia on Thursday, putting a gauge of the region’s equities on course to snap five days of declines after US shares climbed on improved consumer confidence and better-than-expected earnings.
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