MARKET WRAP: JSE firms after whipsaw session

The JSE ended firmer after a see-saw session on Tuesday as investors assessed a second report in less than a week that indicated US inflation may be slowing.

The producer price index, a measure of wholesale inflation, rose 0.2% month on month in October, well below the market consensus estimate of 0.4%. The report from the US Bureau of Labor Statistics comes less than a week after better-than-expected CPI data, stoking optimism that price pressures could be easing…