The JSE was little changed on Friday as positive economic data was overshadowed by a resurgence in coronavirus cases, raising concerns that some countries might need to go back into lockdown, delaying the economic recovery.

Data out of the US on Thursday showed that non-farm payrolls grew by 4.8-million in June, above expectations of 3-million new jobs; while China’s services purchasing managers’ index grew at the fastest pace in more than 10 years in June, data showed on Friday. The positive numbers follow the easing of lockdown restrictions and reopening of business activity...

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 articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now