MARKET WRAP: Aspen boosts JSE gains with biggest rise in 20 years on vaccination deal
The JSE all share gains 1.81% and the top 40 1.94%, tracking major indices as global markets recover from a one-month low
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02 November 2020 – 18:23
Pharmaceutical manufacturer Aspen and gold miner AngloGold Ashanti led the JSE higher on Monday with the local bourse getting a boost from positive economic data, while investor focus now shifts to the US elections on Tuesday.
Shares in Aspen Pharmacare rose the most since April 2000, up 11.45% to R117.64, after the group said it hadreached a preliminary agreement to produce US drugmaker Johnson & Johnson’s (J&J) candidate Covid-19 vaccine at its facility in Port Elizabeth.
Source: businesslive.co.za