The JSE closed firmer on Friday as US nonfarm payrolls came in lower than expected making an interest-rate increase later in September unlikely. Nonfarm payrolls increased 151‚000 in August‚ below the consensus forecast of 180‚000 and much lower than the 255‚000 in July. The unemployment rate was 4.9% in August‚ unchanged from July‚ while 4.8% was expected."While the data was solid‚" Quincy Krosby‚ market strategist at Prudential Financial told Dow Jones Newswires‚ "it fell short of providing a resounding vote for a September move by the US Federal Reserve".However‚ because the three-month average gain in payrolls was now 232‚000‚ Barclays Research analysts said an interest-rate increase was still on the cards.Barclays said the August number should maintain the confidence of most federal open market committee members in the outlook.Most members would view the data as consistent with solid economic activity and would believe that economic activity would continue to pull inflation upward toward their target‚ Barclays said.Risk-on trade was firmly in vogue after the numbers were released with the Dow Jones 0.50% up at the JSE’s close.The UK’s FTSE 100 had jumped 1.81% and the German Dax was 1.20% higher. The price of Brent crude gained 1.66% to $46.51 a barrel.The all share closed 1.65% higher at 53‚500.10 points and the blue-chip top 40 added 1.74%.Platinums jumped 4.46% and banks added 3.47%. Food and drug retailers firmed 2.26% and financials closed 1.99% higher. General retailers rebounded 1.70%. The gold index was flat (-0.06%).The all share ended the week flat (-0.01%) but was still up 5.54% for the year.Local factors were set to dominate trade on the JSE over the short-term with growth prospects for the year improving. The spectre of a recession has faded with better GDP growth data expected for the second quarter. The data are due for release on Tuesday.SA’s second-quarter data pointed to a GDP growth rebound and narrowing external imbalance‚ said HSBC economist David Faulkner."Though this data was welcome‚ the economy continues to face a range of cyclical‚ structural and political headwinds that will continue to weigh heavily on growth prospects."He said political risks compounded the country’s weak macro fundamentals with pressures on Finance Minister Pravin Gordhan raising concerns over institutional erosion‚ denting investor perceptions‚ and prompting a sell-off of SA assets."Renewed rand weakness was likely amid questions over potential political interference at the National Treasury‚ and the prospect for fiscal slippage‚" Faulkner said.Among individual shares‚ Sasol recovered 2.22% to R372.09. British American Tobacco rose 1.94% to R933.38.In the platinum sector‚ Impala Platinum jumped 6.89% to R66.10 following the release of market-pleasing annual results earlier in the week.Nedbank climbed 4.69% to R213.42. Standard Bank jumped 4.17% to R135.66.Mr Price shed another 0.92% to R166.95. It released a disappointing sales update on Wednesday. It lost 24% this week.Among property stocks‚ Hyprop was 1.91% lower at R123. It earlier declared a total distribution of 619.9c per share for the full year‚ up 14.2% from the previous year‚ with the dividend for the six months to June increasing 14.9% to 322.10c per share.Growthpoint recovered 1.41% to R25.25 after reporting dividend growth of 6% for the year to end-June on Thursday. Newly listed Hammerson was 0.43% down at R115.25.Famous Brands was 1.47% higher at R153.60 after announcing a takeover of Britain’s Gourmet Burger Kitchen for R2.1bn on Thursday.BDLive..