MARKET WRAP: JSE ends higher, led by banks, as investors digest the new cabinet
Global equities recovered a little from Wednesday’s sell-off, with banks faring best on the day, with the rand slightly firmer
30 May 2019 - 18:18
The JSE closed higher on Thursday, led by banks and retailers, as global equities found buyers after their recent sell-off.
The mood soured on Wednesday on talk of China upping the ante in the US-China trade war through restrictions on exports of rare-earth metals. Despite support for risk assets on Thursday, great concern about the implications of the US-China trade war remains, said Oanda analyst Craig Erlam in a note...
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