The JSE had its best day since December 2018 on Tuesday as global markets rebounded from Monday’s sell-off, which was  prompted by fears about the coronavirus pandemic. 

The local bourse gained for the first time in five days amid expectations that governments will put in place sufficient measures to mitigate the effects of the virus. Covid-19 has claimed more 7,500 lives worldwide with more than 189,000 confirmed cases by Tuesday, with more than 85,000 of those recovered, according to the John Hopkins University coronavirus resource centre.

BL Premium

This article is reserved for our subscribers.

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.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now