MARKET WRAP: JSE falls for fourth day amid Covid-19 resurgence fears

The JSE fell for a fourth day running on Thursday, as spiking Covid-19 numbers in Europe and the US prompt stricter lockdown measures, which will delay the global economic recovery.

The JSE banks index fared the worst on the day, with Nedbank losing the most in the sector, dropping 4.6% to R97.83. Absa fell 3.81% to R91.71, FirstRand 3.27% to R38.78, Standard Bank 3.26% to R108.13, Investec 3.18% to R31.10 and Capitec 1% to R1,184.11.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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