JSE lifts on hopes of further US stimulus

The JSE was firmer on Monday in line with its global market peers as hopes for a stimulus package in the US and positive news about the Covid-19 vaccine lifted sentiment.

“Investors have not lost faith that further stimulus measures will follow, and that an effective Covid-19 vaccine will soon be placed on the market, bringing the pandemic somewhat more under control,” Axi market analyst Milan Cutkovic said.