JSE muted as US rising Covid-19 cases badly affect sentiment

The JSE was little changed on Monday, with its global peers mixed as investors mull over a US stimulus package as rising Covid-19 cases there continues to threaten sentiment.

Investors welcomed progress from the US towards a $908bn Covid-19 relief package. Meanwhile, rising virus cases in the world’s largest economy have been prompting officials to tighten lockdowns in parts of the country, prompting fears of delayed economic recovery…