JSE faces mixed Asian markets on Friday after bumpy week
Focus has been on the restriction of trade on some stocks that have seen their shares soar due to retail investors
29 January 2021 - 07:17
The JSE faces mixed Asian markets on Friday morning, after a volatile week, with sentiment still being largely driven by the concerns about the pace of the ongoing vaccine rollout and hopes around US stimulus efforts.
Global markets had rallied in the early part of the week, with the JSE breaking past 65,000 points for the first time, driven higher by investor interest in Tencent and expectations of further stimulus efforts in the US. Warnings from the US Federal Reserve on Wednesday that the US economic recovery is dependent on the pace of vaccines being delivered weighed on sentiment a little...
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