MARKET WRAP: JSE joins two-day rally as mood lifts
Slowing of a key global purchasing managers’ index raises hopes that central banks could ease their aggressive tightening
04 October 2022 – 19:34
The JSE rallied in line with global equities markets for a second day on Tuesday, gaining the most in two months as investors sought to shake off a brutal September when the market hit the lowest level this year.
By the close, the all share was 3.25% firmer at 66,312 points, while the top 40 gained 3.44%, continuing Monday’s rebound from the year’s low of 62,193 points last Wednesday…
Source: businesslive.co.za
