MARKET WRAP: JSE weaker on fears of a second wave of Covid-19
The yield on the R2030 government bond rose 14 basis points to 9.41%, perhaps as a result of an impending increase in stock in the market
BL PREMIUM
11 May 2020 – 19:02
The JSE closed weaker on Monday, for the first time in four sessions, as fears of a possible second wave of the coronavirus weighed on global investor sentiment.
Sentiment picked up a little last week as many countries eased lockdown restrictions, but reports of a pickup in new cases in some countries have raised levels of caution in markets.
Source: businesslive.co.za