MARKET WRAP: JSE gains, while US labour market data exceeds expectations
Late on Friday evening Moody’s Investors Service changed the outlook on SA’s sovereign debt rating from stable to negative
01 November 2019 - 18:14
The JSE closed higher on Friday concluding its best weekly gain in three weeks after US labour data came in stronger than expected, lifting global equities.
US non-farm payrolls rose by 128,000 in October, data showed on Friday, while the consensus was for only 89,000 new jobs according to Trading Economics. The data is considered an important indicator of the state of the US economy...
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