MARKET WRAP: JSE extends losses to third day in subdued conditions

The JSE was weaker for a third straight session on Wednesday, in line with lower global markets, ahead of US data and corporate earnings later in the week. 

With no market-moving local news to influence trading, the JSE drifted, taking direction from international bourses, which were mostly in limbo before the publication of US inflation data later on Thursday and Friday that could offer more clarity about the timing of interest rate cuts this year…