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MARKET WRAP: JSE firmer on optimism of further US stimulus

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MARKET WRAP: JSE firmer on optimism of further US stimulus 🔒

The JSE closed firmer on Monday amid investor optimism over US stimulus talks, while local economic data showed a contraction in factory output.

Legislators in Washington continue to try to work out a deal on a stimulus package to help offset the effects of Covid-19 on the world's largest economy before the looming elections.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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