MARKET WRAP: JSE firms despite dismal economic data

The JSE closed firmer on Thursday, with its global counterparts mixed as investors digest the extent of the coronavirus pandemic on the economy and a potential easing in US-China tension.

Following US President Donald Trump’s comments this week that his administration is considering whether China is adhering to a partial trade deal reached earlier in 2020, representatives from both sides will hold a telephonic meeting next week to hash out differences between the world’s two biggest economies.