MARKET WRAP: JSE and rand at best levels since March
Local stocks and the rand benefit as vaccine hopes propels world equities to their best month ever
27 November 2020 - 18:46
The JSE and the rand continued to trade near their best levels since the first quarter on Friday as investors assessed a strong rally in asset prices in November on the back of US president-elect Joe Biden’s victory and announcements of potential Covid-19 vaccines, despite a continued rise in infections in SA and other parts of the world.
The all share was little changed at 57,822 points at the close, near its best levels since end-February when a steep market sell-off began as Covid-19 spread around the world. The index rose 2.5% last week...
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