JSE muted as investors assess effect of rising Covid-19 cases in China

The JSE was little changed on Tuesday morning, while its global peers were mixed as investors continued to assess the effect of China’s Covid-19 curbs and the outlook for US Federal Reserve policy. 

There are mounting concerns that China may tighten Covid-19 curbs following reports of a string of virus-related deaths.  According to Bloomberg, Covid-19 control restrictions now weigh on a fifth of China’s economy as infections continue their upward march, defying the central government’s call for more targeted, less disruptive Covid-19-Zero measures…

Source: businesslive.co.za