MARKET WRAP: JSE firms on positive global economic data

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The all share broke a four-day losing streak, gaining the most since June 2020 as global sentiment picks up

The JSE tracked firmer global markets as better-than-expected economic data lifted sentiment, which has been dragged down in the past few days by concerns over new lockdown restrictions amid rising Covid-19 infections in parts of the world.

The local bourse broke a four-day losing streak on Friday, jumping the most since June 17 2020, when it gained more than 3% in anticipation of President Cyril Ramaphosa easing certain lockdown restrictions...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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