JSE may extend losses on Friday as outlook becomes gloomier

The JSE may take its lead from weaker Asian markets and extend losses for a fifth-consecutive session on Friday, which would be its longest losing streak in over a year.

Sentiment has taken a hit from reports of new Covid-19 cases in parts of the US, while investors are also digesting the downbeat expectations of the US economy from that country’s central bank.

Source: businesslive.co.za