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JSE slightly firmer as focus turns to US bank earnings

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Investors are watching banks’ results closely for clues about how the sector fared after the collapse of Silicon Valley Bank and Signature Bank

The JSE was slightly firmer on Monday morning, while its global peers were mixed, as investors eye more corporate earnings reports in the US.

Corporate earnings got off to a positive start, with the banking sector, as banking giants JPMorgan Chase and Wells Fargo beat expectations on Friday — both boosted by higher interest rates. ..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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