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JSE gains as investors shift focus to US earnings season

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Investors are hopeful the figures will give the market an additional boost, AxiCorp analyst Milan Cutkovic says

The JSE was firmer on Monday as investors wait to see the effect of Covid-19 on US companies in the second quarter as earnings season begins this week.

At 11.30am, the JSE all share was up 1.10% to 56,026.32 points and the top 40 1.09%. Banks added 1.32% and resources 1.89%.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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