JSE likely to push higher in line with global markets

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JSE likely to push higher in line with global markets
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All share index could follow the lead of Wall Street and Asian bourses

The JSE is likely to have a positive session on Tuesday given the momentum in Asia, where Japan’s Nikkei 225 and Hong’s Hang Seng were up 2% and 1.67% apiece

The JSE’s all share index could follow suit, despite concerns about the Omicron variant that sent investors into a panic mode late in November. However, early indications suggest that the impact of the variant is not as severe as initially feared. Elsewhere, the yield on the benchmark US 10-year note held steady at 1.44%, after tumbling on Friday in the wake of the US nonfarm payrolls report.

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