The JSE firmed for a second consecutive session on Wednesday, as global risk assets continued to recover from the effects of the coronavirus outbreak.
Investors have fixated on the outbreak over the past two weeks, amid concerns it will damage global economic growth prospects. “It seems, the world may be nearing a cure for the coronavirus and that could mean markets may only need to price in one bad quarter of data for China,” said Oanda senior market analyst Edwad Moya.
%, industrials 0.96%, banks 1.84% and financials 139%. Platinum miners fell 1.22% and the gold index 1.26%.
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