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.

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