MARKET WRAP: JSE ends week on a high note as China’s Evergrande avoids a default

The JSE gained the most in two weeks on Friday as China Evergrande Group’s last-minute payment of a bond coupon ahead of Saturday’s final deadline helped lift sentiment globally.

Evergrande came back from the brink of default by making a payment to international bondholders, meeting the 30-day grace period it was given after it missed the original deadline…