The JSE closed a little higher on Tuesday, despite data showing SA’s economy contracted by the most on record in the second quarter with the data a little worse than expected.
Miners were mostly weaker while all the other major indices gained, with banks and financials faring best. Shoprite and Aspen stood out among the best performers, with good corporate news from both companies.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
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MARKET WRAP: JSE firms ahead of ECB policy meeting on ThursdayThe euro has appreciated significantly since early June and this trend could become a major drag on the European economy, one analyst says
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African Bank to return to corporate bond market for fundingShareholders have committed to underwriting a maximum of R8bn of fixed and floating rate bonds over a period of nearly three-and-a-half years
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