MARKET WRAP: JSE still at record high despite surging virus

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Stocks may be beginning to lose some of their momentum after an extension of the rally to a record high last week

The JSE broke a six-day winning streak on Tuesday, with global markets mixed amid concern over the rising number of countries grappling with rapidly increasing Covid-19 cases, despite lockdown restrictions in place.

On Monday, President Cyril Ramaphosa extended level 3 lockdown restrictions to February 15, with land borders closed and the ban on alcohol sales remaining in place...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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