MARKET WRAP: JSE slips amid rising Covid-19 cases in Europe and US

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

With the US elections a week away, sentiment has taken a knock in general, with investors considering the prospect of more economic restrictions as the pandemic persists

The JSE fell for a second day on Tuesday on fears that the imposition of stricter lockdown measures amid rising Covid-19 cases could threaten the global economic recovery.

With infections continuing to surge across Europe, governments are being forced to consider new lockdown restrictions as the softer measures in place aren't working. Italy now has the highest restrictions since the country ended its national lockdown in May, with Spain also ramping up safeguards, which include a curfew.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Telkom says Icasa can use spectrum to make the telecoms market more fairNetwork-sharing agreements between the two big operators, Vodacom and MTN, further entrench their place in the market, regulator is told
Source: BDliveSA - 🏆 12. / 63 Read more »

US stocks tumble on soaring Covid-19 cases and worries over lack of stimulus dealS&P 500 heads for its biggest daily decline in almost seven weeks
Source: BDliveSA - 🏆 12. / 63 Read more »