MARKET WRAP: JSE gains for sixth day running
A first rate cut by the US Federal Reserve could now come as soon as September
10 May 2024 - 18:26
The JSE gained the most in 10 days on Friday, rallying along with its global peers as a softer US jobs report revived investor hopes of interest rate cuts by the Federal Reserve.
The all share index gained for a sixth straigh session, with improved GDP growth in China also providing a boost...
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.