JSE extends gains on Covid-19 vaccine optimism

The JSE was on track for its fourth day of gains on Friday, extending its rally driven by vaccine rollout optimism while rising Covid-19 related restrictions threaten sentiment.

On Thursday evening, President Cyril Ramaphosa announced that the government will be implementing tighter curfew restrictions in parts of the Eastern Cape that have seen a rise in new Covid-19 cases, while the national state of disaster has been extended to January 15…