MARKET WRAP: JSE firms as global sentiment boosted by vaccine optimism

The JSE closed firmer on Wednesday as investor sentiment was supported by an improving picture for the world’s near-term economic outlook.

Positive Covid-19 vaccine trial results and the market-friendly selection of Janet Yellen as US treasury secretary boosted investor sentiment this week. The formal start of US president-elect Joe Biden’s transition to the White House also improved the global outlook…