JSE weaker on fears of delayed economic recovery
The all share had lost 0.23% in early afternoon trade, and the top 40 was 0.24% weaker, but gold miners gained 2.4%
BL PREMIUM
10 July 2020 – 12:58
The JSE was weaker on Friday, with its global peers mixed as a surge in coronavirus cases in the US and globally threaten economic recovery.
Record spikes of Covid-19 infections in Hong Kong and Tokyo fueled fears of a second wave hitting Asia; while the numbers in the US are also concerning. Investors are worried that lockdown restrictions might be implemented again to help curb the spread of the virus, delaying business activities.
Source: businesslive.co.za
