MARKET WRAP: Positive end to the week for JSE and rand on US stimulus hopes
Markets also received a boost from positive news on the Covid-19 front
BL PREMIUM
09 October 2020 – 18:20
The JSE closed firmer on Friday, with sentiment lifted by investor optimism that a US stimulus deal may still be reached before the elections there in November.
The White House has signalled that the administration is again leaning towards a large-scale stimulus bill after house speaker Nancy Pelosi pushed back on the idea of individual measures for parts of the economy hit by the Covid-19 crisis.
Source: businesslive.co.za