The JSE was weaker on Friday, with its global peers mixed as a surge in coronavirus cases in the US and globally threaten economic recovery.

Record spikes of Covid-19 infections in Hong Kong and Tokyo fueled fears of a second wave hitting Asia; while the numbers in the US are also concerning. Investors are worried that lockdown restrictions might be implemented again to help curb the spread of the virus, delaying business activities.

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 Times Select.

Already subscribed? Simply sign in below.

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