MARKET WRAP: JSE closes firmer, but off day’s best levels
The local bourse rose 1.27% for the week, supported by gains in the industrial metals, resources and precious metals indices
15 September 2023 - 18:26
The JSE pared gains on Friday, with global markets mixed as the previous session’s rally ran out of steam. Still, the local bourse rose 1.27% for the week, supported by industrial metals, which were 10.88% firmer, resources, which added 8.93%, and precious metals, which advanced7.38%.
Stock markets were higher this week after mixed but healthy indicators on the US economy ahead of the Federal Reserve’s meeting , where it is generally expected to hold interest rates steady. ..
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