MARKET WRAP: Markets boosted by renewed US stimulus hopes, JSE banks leap

📆 19/10/2020 16:26:00
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The week ahead will be driven by US stimulus talks, with markets appearing certain a deal will come before the election, said one analyst

The JSE closed firmer on Monday, with bank shares faring best as markets lift on investor optimism of a US stimulus deal being reached before elections there.

House speaker Nancy Pelosi has said that a pre-election agreement on a stimulus deal remains possible, setting a Tuesday deadline for an agreement with the White House.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

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