MARKET WRAP: JSE and rand end the week firmer
Investors are now turning their attention to Donald Trump’s inauguration
17 January 2025 - 18:19
The JSE added more than 1% on Friday, while the rand extended gains as positive sentiment from this week’s encouraging US economic data carried through to the end of the week.
This week’s upbeat momentum was fueled by consecutive reports indicating a moderation in US inflation.Core consumer inflation rose less than expected year on year, while the producer price index also saw a smaller-than-anticipated increase in December...
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