JSE marginally firmer as investors wait for fresh catalyst
All share index gains 0.15%, led by financials and banks, while the rand holds steady against the dollar
20 December 2023 - 12:10
The JSE was marginally firmer on Wednesday morning, with global markets mixed as investors await more economic data from the US to discern the Federal Reserve’s next moves.
With signs of inflation cooling from its peak two years ago in the US and the world’s biggest economy remaining resilient, investors are increasingly betting the Fed will cut rates in 2024. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.