JSE firmer as markets digest week’s events

The JSE was firmer on Friday morning, with its global peers mixed, as investors digested policy decisions and US corporate earnings reports.

The European Central Bank (ECB) delivered a surprise 50 basis point (bp) hike on Thursday, its first in more than a decade, while the Reserve Bank also surprised with a 75bp hike. These are just the latest surprisingly hawkish moves from policymakers scrambling to get on top of inflation…

Source: businesslive.co.za