MARKET WRAP: JSE slips as rising Covid-19 cases prompt further restrictions
The all share lost 0.37% and the top 40 0.5%, with most major indices down on the day
BL PREMIUM
17 November 2020 – 18:32
The JSE closed weaker on Tuesday, with its global peers mixed as investors mull further restrictions amid rising Covid-19 cases in the US and Europe.
Monday’s news that American biotechnology group Moderna’s Covid-19 vaccine is 94.5% effective was a welcome development. But with the vaccine deployment still some time away, efforts by authorities remain focused on slowing the spread as Europe and the US grapple with rising case numbers.
Source: businesslive.co.za
