MARKET WRAP: Rand and JSE gain for third day as markets await update on US stimulus

The rand and the JSE recorded their third day of gains on Tuesday as optimism that the US will introduce more fiscal stimulus to mitigate the effects of Covid-19 lifted sentiment. 

At 5.33pm, the rand had firmed 0.28% to R16.4686/$ and 0.10% to R21.3391/£, while it had weakened 0.23% to R19.4718/€. The euro had added 0.5% to $1.182.

Source: businesslive.co.za