MARKET WRAP: JSE firms as positive economic data, corporate news lift sentiment

United States News News

MARKET WRAP: JSE firms as positive economic data, corporate news lift sentiment
United States Latest News,United States Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Despite the day’s gains. the JSE all share lost 4.74% this week, with the rand falling 1.7%

as worse-than-expected US inflation data solidified prospects that the Federal Reserve would need to hike interest rates more aggressively than initially expected, spiking fears of a recession...

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE and rand weaken further as bets on Fed aggression riseInvestors are increasingly considering the prospect of a 100 basis-point rate hike by the Federal Reserve in two weeks
Read more »

MARKET WRAP: US inflation puts JSE in a spinRand recovers a little ground against the dollar while the euro falls below dollar parity for the first time in almost 20 years
Read more »

JSE looks set to join mostly positive Asian markets on ThursdayAsian bourses are higher, albeit marginally so, with investors digesting hotter-than-expected US consumer inflation for June
Read more »

JSE faces mostly weaker Asian markets on Friday after Chinese GDP missChina’s economy eked out 0.4% year on year growth in the second quarter, below a 1% market forecast
Read more »

Trustco heads to court to stave off JSE suspensionThe Namibian investment firm gets until end-July to put its affairs in order
Read more »

Tongaat requests JSE suspension as it battles to finalise financial statementsThe struggling sugar producer has recently appointed a chief restructuring officer and is trying to rework its overdraft facility
Read more »



Render Time: 2025-03-10 12:28:47