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MARKET WRAP: JSE ends weaker after strong US jobs report

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After being in the black for most of the day, the JSE turned south after a stronger than expected US jobs report

A strong US jobs report paused the global markets rally on Friday, with the JSE tracking European and US markets lower in the afternoon.

After being in the black for most of the day, the JSE all share index fell about 800 points from its intraday high after the US jobs report showed non-farm payrolls added 390,000 jobs last month — better than the 328,000 jobs predicted by Bloomberg...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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