MARKET WRAP: JSE muted as investors eye Jackson Hole

The JSE closed little changed on Wednesday as investors wait for US Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium for any details on possible monetary policy changes.

Central bankers are set to gather for the event on Thursday to discuss economic issues. The main focus for investors will be any firmer indication on whether or when they plan to rein in monetary stimulus. ..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 Sunday Times Daily.

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