MARKET WRAP: JSE and rand firmer as progress on Covid-19 vaccines lifts risk sentiment
Local currency firms along with emerging-market peers as risk-on environment boosts risk appetite
14 December 2020 - 18:54
The JSE and the rand were firmer on Monday even though SA is in the midst of a second wave of Covid-19 infections, as continued hope for a US stimulus package and vaccine rollouts help lift investor sentiment.
President Cyril Ramaphosa is due to address SA later. This comes after a dramatic rise in coronavirus cases in the Western Cape, Gauteng, KwaZulu-Natal and the Eastern Cape. ..
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