MARKET WRAP: JSE and rand firmer as progress on Covid-19 vaccines lifts risk sentiment

The JSE and the rand were firmer on Monday, as continued hope for a US stimulus package and vaccine rollouts help lift investor sentiment.

The local currency firmed along with its emerging-market peers, with intraday gains of more than 1% earlier pushing it to  R14.957/$ as the risk-on environment boosted risk appetite. ..