MARKET WRAP: JSE closes firmer on improved global sentiment

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MARKET WRAP: JSE closes firmer on improved global sentiment
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Optimism about China has coincided with apparent signs of subsiding global inflation, though it’s still a long way from levels targeted by central banks

The JSE ended higher on Friday as global sentiment improved, rounding off another successful week during which the all share index hit a series of record levels.

The all-share index gained 0.35% to 80,791 points on Friday, stretching theyear-to-date gains to just shy of 11%. The top 40 index rose 0.38%...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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