MARKET WRAP: JSE muted as investors take stock of US corporate earnings

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

Analysts say the market has priced in a rate increase by the Reserve Bank and a tightening by the Fed in March

The JSE closed little changed on Thursday as investors weighed strong corporate earnings in the US and the implications of the tighter monetary policy by the Federal Reserve.

Despite the muted session, the JSE all share hovered around a record high and above 76,000 points as investors welcomed strong earnings from American companies. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE rebounds on the back of strong US earningsAnalysts caution that rising US Treasury yields are pointing clearly to higher interest rates that are likely to hit stocks
Source: BDliveSA - 🏆 12. / 63 Read more »

Africa Cup of Nations wrapGuinea and Senegal advanced to the last 16 of the Africa Cup of Nations on Tuesday evening, with Malawi finishing third in Group B. Read more ➡️ Okay. Does this mean Malawi is through also or what? Not even 1 Win 😭😭😭 Yoo MrSerene007 I will support Ghana 🇬🇭 when they start acting porn💔😆
Source: KickOffMagazine - 🏆 36. / 51 Read more »

Africa Cup of Nations wrapEgypt advanced to the knockout stages of the Africa Cup of Nations finals with a 1-0 win over Sudan at the Ahmadou Ahidjo Stadium in Yaounde. Investing with williamchurch09 has brought my family so much joy, I've received R25,500 from my little funds i invested and I'm grateful, i advice everyone to invest with 👇👇👇👇 Williamchurch0 Yaqala inkathazo
Source: KickOffMagazine - 🏆 36. / 51 Read more »

Africa Cup of Nations Wrap: 19 January 2022Nigeria made it three wins in three games at the Africa Cup of Nations with victory over Guinea-Bissau, while Egypt edged Sudan to book a spot in the Last 16. SLInt MORE:
Source: Soccer_Laduma - 🏆 22. / 63 Read more »

Stock picks from top SA market watchers and money managersMoneyweb shares strategies and stock picks from five well-known market commentators and investment professionals. Moneyweb BuyingStock
Source: Moneyweb - 🏆 5. / 77 Read more »

NFT art market is booming amid an uptick in fraudBut fraud and low-quality work have always existed in the art world, says a Canadian artist
Source: BDliveSA - 🏆 12. / 63 Read more »