Trading EconomicsTrading Economics

South African Stocks Rise for 6th Day

The JSE FTSE All Share index was trading slightly above the 73,700 level on Tuesday, the sixth straight session of gains, mainly supported by tech stocks.

Market sentiment was mainly boosted by signs that China could further relax its Covid restrictions after weekend protests.

Meanwhile, investors continued to assess comments from policymakers of major central banks for a more clear view of the direction of interest rates.

Domestically, the focus will be on the third-quarter unemployment numbers set to be released later in the day.

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