JSE gains on Covid-19 vaccine optimism

JSE gains on Covid-19 vaccine optimism

2020-11-24 12:23:00 PM

JSE gains on Covid-19 vaccine optimism

US officials have said that vaccination could be rolled out by mid-December

24 November 2020 - 11:13Lindiwe TsoboThe JSE was firmer on Tuesday, with global peers mixed as investors pinned hopes for economic revival on Covid-19 vaccines.The vaccine developed by AstraZeneca and Oxford University is the third major trial to report success after US-based Moderna and Pfizer with Germany's BioNTech, sending pandemic-weary investors to take on risk in hopes of a swift economic recovery...

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Why the optimism? Is massive death and population reduction such a boon for investors?