JSE hits best level in over four months on global stimulus hopes

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Central banks likely doing more to cushion the effects of Covid-19 over-shadow concerns about the pandemic itself

The JSE reached its best level since February during intra-day trade on Thursday, tracking Asian markets as hope for more stimulus measures lifted global sentiment.

Expectations that central banks will do more to cushion the effects of Covid-19 over-shadowed investor concerns that the surge in new cases could hinder economic recovery.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 Times Select.

 

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