The JSE may end its five-day losing streak on Friday, judging by stock markets trading ahead of its opening. Tokyo’s Nikkei 225 index was 1.27% higher and Sydney’s S&P/ASX 200 was 0.5% higher at 6:30am, taking their cue from eurozone stock markets that perked up on Thursday after the European Central Bank (ECB) announced it would continue its monetary stimulus programme. The Euro Stoxx 50 gained 0.5%, which a weaker rand amplified into a 1.32% rise to R47.74 for Deutsche Bank’s JSE-listed exchange-traded fund (ETF) that tracks it. The rand weakened 1.8% to R14.11/€ on Thursday, and regained about 0.2% to R14.08/€ on Friday morning. Paris’s CAC 40 index rallied 0.42%, boosted by polls expecting politicians campaigning for France to follow the UK’s example and leave the EU would not do as well in April’s elections as feared. Frankfurt’s DAX 30 rose 0.1%. London’s FTSE 100, however, fell 0.27%. But Deutsche Bank’s FTSE 100 index tracker rose 0.7% to R117.50 due to the rand weakening by...
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