The JSE was stronger on Thursday, in line with global markets, following positive news in the search for a Covid-19 vaccine, while investors await US jobs data later in the day. 

Global equities rallied on Thursday after US pharmaceutical giant Pfizer, working with German BioNTech, said an experimental vaccine trial on humans showed encouraging results. This comes as investors worry that the spread of Covid-19 could lead to more lockdown measures, further delaying economic recovery.  ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.