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MARKET WRAP: JSE and rand firmer as progress on Covid-19 vaccines lifts risk sentiment

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Sverige Nyheter Nyheter

Local currency firms along with emerging-market peers as risk-on environment boosts risk appetite

The JSE and the rand were firmer on Monday, as continued hope for a US stimulus package and vaccine rollouts help lift investor sentiment.

The local currency firmed along with its emerging-market peers, with intraday gains of more than 1% earlier pushing it to R14.957/$ as the risk-on environment boosted risk appetite. ..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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