MARKET WRAP: JSE marginally firmer as rand weakens amid power crisis

The JSE closed marginally firmer on Tuesday after swinging between small losses and gains in the session, while the rand weakened as investors digested news about SA’s power crisis and economy.

The government and Eskom are facing legal challenges on multiple fronts over the ongoing outages that continue to worsen, disrupting the country’s economic activity. ..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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MARKET WRAP: Rand under pressure in thin tradeThe local currency fell as much as 1.6% in intraday trade before recovering
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International Finance: Asian stocks climb; dollar edges lower, yen gains: markets wrapAsian shares started the week higher with a tailwind from US stocks closing at the highest in a month as easing inflation expectations fuel January’s global share rally. The dollar declined.
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