MARKET WRAP: JSE firmer as positive US company earning reports lift sentiment
The Sandton-based stock exchange reversed earlier losses after a set of positive earnings showed businesses working through economic pressures
19 July 2022 – 19:03
The JSE tracked US and European markets on Tuesday as investors welcomed better-than-expected company earnings from the US.
The JSE reversed earlier losses, gaining more than 1% along with its European counterparts after another set of positive earnings showed businesses working through greater economic pressures, including rising inflation, even as recession fears persist. ..
Source: businesslive.co.za