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MARKET WRAP: JSE caps a roller-coaster week on a weaker note

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The rand recovered some ground after falling to its weakest level against the dollar since early November earlier in the week

The JSE was weaker on Friday, capping a roller-coaster week during which precious metals stocks in particular came under intense selling pressure, while the rest of the market held up on balance.

The all-share index lost 1.2% to 79,271.78 on Friday as the rand recovered slightly, putting pressure on large industrial stocks and miners. The top 40 index was off 1.3%...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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