MARKET WRAP: JSE closes firmer, but off day’s best levels

The JSE pared gains on Friday, with global markets mixed as the previous session’s rally ran out of steam. Still, the local bourse rose 1.27% for the week, supported by industrial metals, which were 10.88% firmer, resources, which added 8.93%, and precious metals, which advanced7.38%.

Stock markets were higher this week after mixed but healthy indicators on the US economy ahead of the Federal Reserve’s meeting , where it is generally expected to hold interest rates steady. ..