The JSE tracked weaker European markets on Friday, pulled lower by resources, property and general retailers, as investors assessed the much-anticipated US Covid-19 relief plan and stricter lockdowns amid surging Covid-19 cases in some parts of the world.
US president-elect Joe Biden has proposed a $1.9-trillion stimulus plan to fund immediate relief for the pandemic-wracked US and jump-start the world’s largest economy. Global stocks initially firmed on Thursday on reports that the stimulus package could be bigger than expected. ..
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MARKET WRAP: JSE drops due to volatile equity marketJSE weakens with global equity markets as retail traders cause havoc on US markets Get a trusted Bitcoin expert and stick to hes Marksust7 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
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MARKET WRAP: JSE weaker ahead of US Fed’s decisionThe all share fell for a second day, with Naspers down due to a weaker close by Tencent in Hong Kong Get a trusted Bitcoin expert and stick to hes Marksust7 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
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MARKET WRAP: JSE and rand gain as global stocks recover on positive US jobs dataThis is despite growth in the US economy slowing in the final quarter of 2020
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MARKET WRAP: JSE hits record high on prospects of US stimulusThe JSE tracked firmer global markets despite SA's vaccine setback, with the health minister assuring things will be back on track soon
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MARKET WRAP: JSE slips as US bond yields rise againVolatility returns to US treasuries after Biden signs the $1.9-trillion relief bill into law, weighing on stocks and emerging-market currencies
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MARKET WRAP: JSE down again ahead of US Fed meetingThis was the fourth day of losses for the JSE, with Wednesday’s fall the biggest in almost three weeks
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