The JSE was higher on Friday morning in line with European markets as investors monitor the rising number of Covid-19 cases.

“Risk assets have clearly grown comfortable ignoring the world’s gloomy fundamentals, with the International Monetary Fund (IMF) adding to the chorus that’s highlighting the disconnect between financial markets and the economic outlook,” said FXTM market analyst Han Tan. 

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 Sunday Times Daily.

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