MARKET WRAP: JSE, rand weaker after stronger than expected US jobs data
The rand weakened the most in more than two weeks
02 February 2024 - 18:11
The JSE closed slightly weaker on Friday, while the rand weakened the most in more than two weeks after US jobs data came in stronger than expected.
Data from the US showed that 353,000 jobs were created in January, more than the market’s estimate for 185,000, while the unemployment rate held at 3.7%, against an estimate of 3.8%...
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.