MARKET WRAP: JSE, rand firmer after US producer inflation lifts sentiment
JSE all share gains 0.49% and the top 40 0.53%
13 August 2024 - 19:24
The JSE reversed the session’s earlier gains on Tuesday, tracking firmer global markets as US producer inflation eased investors’ nerves ahead of the key consumer inflation report due on Wednesday.
The producer price index (PPI) — a measure of wholesale prices — increased 0.1% in July, less than the 0.2% increase expected in the markets...
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