The JSE was firmer on Wednesday, with its global market counterparts mixed as investors digest a delay in a US stimulus package decision and halted Covid-19 vaccine trials.

Prospects for US fiscal stimulus before November’s election dimmed as House Speaker Nancy Pelosi demanded the White House revamp its latest offer and Senate Republican leader Mitch McConnell pushed a smaller-scale strategy that Pelosi quickly rejected. The delay in legislators reaching a decision has proven to be a rollercoaster ride for investors.

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