MARKET WRAP: JSE lifts as sentiment in the banking sector improves

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Rand extends last week’s losses as the US dollar firms

The JSE tracked firmer global markets on Monday, while the rand extended the previous session’s losses with investor focus remaining on the global banking sector.

Global stock markets rebounded, making solid gains — with a number of events helping sentiment towards banking shares...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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