Market Watcher: Bad news is good news

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PSG's Schalk Louw takes us through the day's market news, MultiChoice shares leaping on Canal+ offer, US jobs numbers, when we might be seeing rate cuts, big tech releasing results, and are we liking SA listed property in 2024?
1 Feb 2024 12PM English South Africa Business · News

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Markets: R18bn traded on a slow day

Nick Kunze of Sanlam Private Wealth said R18 billion was traded in local markets on a relatively quiet day, with Brent crude rising to about $109, the Nasdaq Composite hitting record highs, and the rand steady at around R16.40. He added that the US Fed is expected to keep interest…
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