MARKET WRAP: JSE slips as US jobs report disappoints

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa Headlines News

The all share index hovered around record highs earlier in the day before easing along with global markets disappointed by US jobs data

The JSE closed weaker on Friday, while global markets were mixed as disappointing US jobs data weighed on sentiment.

The local bourse hovered around a record high, reaching an intraday best of 71,579 points, as concerns over the Omicron Covid-19 virus strain appeared to be easing on initial indications that while the new variant is highly contagious, it seems to have less severe symptoms...

 

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 eases as Omicron spreadsFed chair Jerome Powell’s comments on possibly speeding up the central bank’s tapering add to cautious sentiment
Source: BDliveSA - 🏆 12. / 63 Read more »

European stocks open higher, shrug off Asian market weaknessGlobal markets seem to be accepting the possibility of more Covid-19-linked activity curbs and an accelerated pace of stimulus tapering by the US Fed
Source: BDliveSA - 🏆 12. / 63 Read more »

Young entrepreneur creates app to help artists market their musicSelf-taught information technology specialist Sibusiso Zwane has created a music application to give local up-and-coming and established artists a platform to sell their music and promote their brands.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

WATCH: Market ReportBusiness Day TV talks to independent analyst Ashraf Mohamed about the day’s market movers
Source: BDliveSA - 🏆 12. / 63 Read more »

Closure of Absa money market fund hurts unit trust sector’s inflowsAsisa data shows unit trust inflows fell to a five-year low in the third quarter after the closure of Absa's money market fund saw clients cash out 🔒 As easy as that!
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Market ReportImtiaz Suliman from Sentio Capital talks to Business Day TV about the day’s market movers
Source: BDliveSA - 🏆 12. / 63 Read more »