The JSE ended Thursday unchanged as the political deadlock over a new US stimulus package weighed on investor sentiment. Locally, hospitality and gaming stocks outperformed once again as rumours of a move to level two of the coronavirus lockdown continue to circulate.
Leisure stocks extended recent gains on speculation that President Cyril Ramaphosa might relax lockdown restrictions in his next address to the nation, with a possible lifting of the ban on the sale of tobacco and alcohol, which has cost the economy billions, expected to be the focal point of his address.
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MARKET WRAP: Distell and hospitality shares jump on move to level 2 speculationThe JSE all share rose 0.44% and the top 40 0.56%, with industrials and platinum miners also up on the day
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: Distell and hospitality shares jump on move to level 2 speculationThe JSE all share rose 0.44% and the top 40 0.56%, with industrials and platinum miners also up on the day
Source: BDliveSA - 🏆 12. / 63 Read more »