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MARKET WRAP: JSE firms as progress made in US towards Covid-19 relief package

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Globally, however, surging virus cases and a Reuters report outweighed the positive sentiment driven by vaccine and stimulus news

The JSE closed firmer on Monday, with its global peers mixed as worsening Covid-19 cases in the US overshadowed stimulus optimism.

Investors welcomed progress from the US towards a $908bn Covid-19 relief package. The progress comes after legislators had been at a stalemate over additional fiscal aid for months before last week, raising concern about the economic recovery from the coronavirus pandemic...

 

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