MARKET WRAP: Positive end to the week for JSE and rand on US stimulus hopes

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Markets also received a boost from positive news on the Covid-19 front

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.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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH: Stock picks — Global market recovery and ProsusDavid Shapiro from Sasfin Securities and Wayne McCurrie from FNB Wealth talk to Business Day TV
Source: BDliveSA - 🏆 12. / 63 Read more »