Sentiment has improved on news Omicron is not threatening to overwhelm hospital systems, but the local bourse will need to hold on to a record high
Sentiment has improved on news Omicron is not threatening to overwhelm hospitals, but the local bourse will need to hold on to a record highThe JSE looks set to open to positivity on global markets on Wednesday, but will need to hold on to gains after surging to nearly 73,000 points on Tuesday.
Swissquote senior analyst Ipek Ozkardeskaya said on Tuesday, however, that volatility remains high, while it is the Delta variant that is wreaking havoc in many countries. The JSE surged 2.7% on Tuesday, its best day in nine months, despite SA’s worse-than-expected GDP numbers.
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