The continuing trade war between the US and China had more impact on the markets. Currencies and share prices of most emerging markets suffered in reaction.
The assurance by President Cyril Ramaphosa that land reform would be orderly had a calming effect on foreign investment sentiment. This despite a tweet by the US President Donald Trump that his administration would take a close look at the land redistribution exercise, and also claiming that land seizures and killing of whites were taking place in South Africa.
The evidence heard by a commission of inquiry into State capture had re-assured the rest of the world that South Africa was serious on acting on corruption.
While share prices across the emerging market recorded losses on Friday, the JSE board experienced a strong rally. The all share index gained more than 1percent on Friday alone.