JSE hits best level in over four months on global stimulus hopes
Central banks likely doing more to cushion the effects of Covid-19 over-shadow concerns about the pandemic itself
BL PREMIUM
09 July 2020 – 12:17
The JSE reached its best level since February during intra-day trade on Thursday, tracking Asian markets as hope for more stimulus measures lifted global sentiment.
Expectations that central banks will do more to cushion the effects of Covid-19 over-shadowed investor concerns that the surge in new cases could hinder economic recovery.
Source: businesslive.co.za