JSE lifts on promising Covid-19 vaccine news

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JSE lifts on promising Covid-19 vaccine news
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UK jobs data is due later on Tuesday, while markets are watching the testimony of US Fed officials before Congress

The JSE was firmer on Tuesday midday, as hopes about a successful early-stage trial of a coronavirus vaccine lifted investor sentiment, and prospects of more stimulus from major global economies added to global recovery optimism.

US biotechnology company Moderna has reported that a phase-1 trial of its coronavirus vaccine has shown promising results, showing signs that it can create an immune-system response to fend off the new coronavirus.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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