MARKET WRAP: JSE firmer on optimism of further US stimulus
Despite the rising coronavirus numbers and new restrictions being introduced in Europe, the stock market rally continues
BL PREMIUM
12 October 2020 – 18:23
The JSE closed firmer on Monday amid investor optimism over US stimulus talks, while local economic data showed a contraction in factory output.
Legislators in Washington continue to try to work out a deal on a stimulus package to help offset the effects of Covid-19 on the world’s largest economy before the looming elections.
Source: businesslive.co.za