South African stocks rise as vaccine news boosts risk appetite

South Africa’s main stock index gains for a second day, rising 0.4% by 10 am in Johannesburg, as reports that a Covid-19 vaccine may be available earlier than expected drives risk appetite higher. The biggest listed companies, Naspers Ltd., Richemont, and Anglo American Plc, led gains, with the market shaking off declines in more than half of the 150 listed companies, including from gold miners and Old Mutual Ltd.

from Engineering News | Home https://ift.tt/32OrvTF