JSE weakens while rand firms
Investors are assessing Friday’s US jobs data, which painted a mixed picture
13 March 2023 – 11:39
The JSE was weaker on Monday morning, along with its global peers, while the rand extended the previous session’s gains as investors assessed events from Friday’s volatile trade.
The US Treasury and Federal Reserve stepped in to provide emergency funding to the banking sector, at the weekend, in the face of a potential banking crisis after the sudden collapse of Silicon Valley Bank (SBV) on Friday…