MARKET WRAP: JSE extends losses to third day in a row

The JSE fell for a third straight session and the rand weakened as concerns about a new coronavirus strain curbed investor optimism stemming from a US relief bill aimed at helping the world’s biggest economy recover from the pandemic.

The rand extended a retreat from an almost one-year high against the dollar reached at the end of last week, while the JSE fell as emerging-market equities headed for their longest losing streak since October…