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MARKET WRAP: JSE has best day in almost three weeks as global equities rally

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The US Food and Drug Administration has authorised the use of blood plasma as a treatment option for coronavirus patients

The JSE had its best day in almost three weeks on Monday, firming in line with global markets as hope for a Covid-19 treatment supported risk sentiment.

“Markets have naturally been very sensitive to vaccine and treatment developments in recent months and it seems we’re getting a bit of a bump once again,” said Oanda market analyst Craig Erlam.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 Times Select.

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