The JSE reached its best level in four months on Monday, lifted by miners, as growing optimism about the prospects of a global recovery outweighed concerns of a second wave of Covid-19 infections.
Despite fears about the resurgence of coronavirus infections, global equities have been supported by encouraging economic data from the world’s biggest economies, raising hopes that they may recover sooner than expected.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 Times Select.
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Steinhoff share jumps after assuring market about settlementsThe legal claims include a R59bn lawsuit by former chair Christo Wiese
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Steinhoff share jumps after assuring market about settlementsThe legal claims include a R59bn lawsuit by former chair Christo Wiese
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Rand slumps as market waits for news to aid directionThe local currency had firmed to an intraday best of R16.87/$, following some emerging market strength towards the end of last week
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Rand slumps as market waits for news to aid directionThe local currency had firmed to an intraday best of R16.87/$, following some emerging market strength towards the end of last week
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Asian stocks hit four-month highs on cheap liquidity and fiscal stimulusMSCI’s broadest index of Asia-Pacific shares outside Japan rises to its highest since February
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