JSE set for first day of losses in four ahead of budget
The rising number of Covid-19 cases continues to weigh on global markets
The JSE was lower on Wednesday and on track for its first day of losses in four as the rising number of Covid-19 cases weighed on global markets while local focus is on the supplementary budget later in the day.
The recent spike in Covid-19 cases in parts of the US and Europe has raised concern about a possible second-wave of coronavirus infections which could delay global economic recovery. More than 9.2-million cases have been confirmed worldwide.