On the Johannesburg Stock Exchange, the broader all-share index ended 0.55% higher while the top-40 index closed up 0.73%. GLOBAL MARKETS Most Asian shares tracked Wall Street lower on Thursday, as a number of Federal Reserve speakers echoed Chair Jerome Powell in saying that interest rates are set to go higher, capping risk sentiment, while the dollar hovered near one-month highs. WALL STREET U.S. stocks ended down on Wednesday, paring most of the previous session's strong gains, with tech-focused shares leading the way lower. GOLD Gold prices rose for a fourth straight session on Thursday as the dollar faltered, although bullion's outlook remained cloudy as several U.S. Federal Reserve officials said more interest rate hikes were required to rein in inflation. EMERGING MARKETS For the top emerging markets news, double click on - - - -
Some of the main stories out in the South African press: BUSINESS DAY - Treasury warns power cuts could ignite civil unrest - Coronation dividend unlikely after court rules it must pay hefty tax bill FIN 24 - Steinhoff to sell about R4.7bn of Pepkor, lose majority stake (Compiled by Anait Miridzhanian)
