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MARKET WRAP: JSE weaker as virus fears rise again

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Investors worry that rising Covid-19 cases in Europe and increasing uncertainties ahead of the US election will affect the global economic recovery

The JSE tracked weaker global markets on Monday, with rising Covid-19 cases in Europe prompting concern about the global economic recovery.

European shares fell the most as a rising number of Covid-19 cases prompted renewed lockdown measures, with investors concerned that another economic standstill would significantly delay the recovery and hurt consumer and business confidence.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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