MARKET WRAP: JSE follows world markets firmer as Biden’s comments lift sentiment

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Indonesia Berita Berita

However, analysts warn that headwinds remain for the local bourse and the rand

The JSE tracked stronger US and European markets on Monday, while the rand firmed along with other emerging market currencies as comments by the US president supported sentiment.

President Joe Biden, who is in Asia for meetings with allies, said on Monday he was considering reducing tariffs on some products imported from China. ..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 Sunday Times Daily.

 

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