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MARKET WRAP: JSE slightly firmer as investors look to US jobs report

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Industrial metals lead gains as investors await the latest US data for clues on a potential recession

The JSE was marginally firmer amid mixed global markets on Thursday, as investors set their eyes on new economic data on the US labour market that will give further information about a potential recession in that country.

The market built on Wednesday’s robust gains earlier before pulling back as investors digested a number of risk factors including geopolitical tension after US House speaker Nancy Pelosi’s visit to Taiwan, aggressive monetary tightening by central banks as inflation runs high and a recession in the US...

 

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