MARKET WRAP: Banks and financials lead JSE to best level in two weeks

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Data shows Chinese industrial profits surged 179% year on year in the first two months of 2021

Banks led the JSE higher on Monday as investors welcomed positive Chinese economic data.

The banking index rose the most in more than seven weeks, pushing the local bourse to its best close in two weeks. ..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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