{"id":7909,"date":"2021-04-07T17:51:16","date_gmt":"2021-04-07T17:51:16","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=7909"},"modified":"2021-04-07T17:26:30","modified_gmt":"2021-04-07T17:26:30","slug":"stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism","title":{"rendered":"Stocks on the JSE rally to a three-week high on investors\u2019 optimism"},"content":{"rendered":"

Africa-Press<\/a> – South-Africa<\/a>. <\/strong><\/span>JOHANNESBURG – SOUTH African stocks rallied to a three-week high yesterday as optimism around a swift economic recovery was helped by massive stimulus spending and vaccination campaigns and a better-than-expected outlook.<\/p>\n

The JSE All Share Index rose as much as 1.23 percent to 68 063 index points yesterday, its highest level since March 12, following its global peers after a long Easter weekend.<\/p>\n

Anchor Capital\u2019s Seleho Tsatsi said the JSE this year had been driven by a combination of outperformance by South African facing businesses and the continuation of the bull market in the resources sector.<\/p>\n

\u201cSeveral of the best performing shares year-to-date and in the month of March were among the worst affected companies last year,\u201d Tsatsi said.<\/p>\n

\u201cWe have seen so-called cyclical shares outperform globally this year and to a degree that has been true in South Africa too.\u201d<\/p>\n

The government yesterday signed an agreement with Pfizer for 20 million dual-shot Covid-19 vaccine doses, boosting plans to start mass vaccinations from April.<\/p>\n

The first batch from Pfizer is expected to arrive later this month, meaning that the government will have enough to vaccinate roughly 41 million people out of its total population of 60 million.<\/p>\n

South Africa\u2019s Covid-19 infection rates have remained low in the run-up to Easter, but health authorities remain cautious over a possible third wave of infections.<\/p>\n

A new variant with the most divergent mutations was also found in travellers from Tanzania.<\/p>\n

However, the International Monetary Fund revised South Africa\u2019s growth prospects for 2021 upwards, from 2.8 to 3.1 percent, due to stronger-than-expected global economic rebound of 6 percent.<\/p>\n

Meanwhile, the rand remained steady at more than a one-month high yesterday as the dollar softened and Treasury yields retreated.<\/p>\n

The rand was little changed at 0.02 percent to R14.53 against the greenback, its highest level since February 25, as investors focus on prospects of a global recovery.<\/p>\n

[email protected]<\/p>\n

BUSINESS REPORT<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. JOHANNESBURG – SOUTH African stocks rallied to a three-week high yesterday as optimism around a swift economic recovery was helped by massive stimulus spending and vaccination campaigns and a better-than-expected outlook. The JSE All Share Index rose as much as 1.23 percent to 68 063 index points yesterday, its highest level since […]<\/p>\n","protected":false},"author":84,"featured_media":7908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[274,315,275],"class_list":["post-7909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nStocks on the JSE rally to a three-week high on investors\u2019 optimism - South Africa<\/title>\n<meta name=\"description\" content=\"JOHANNESBURG - SOUTH African stocks rallied to a three-week high yesterday as optimism around a swift economic recovery ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stocks on the JSE rally to a three-week high on investors\u2019 optimism\" \/>\n<meta property=\"og:description\" content=\"JOHANNESBURG - SOUTH African stocks rallied to a three-week high yesterday as optimism around a swift economic recovery ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-07T17:51:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606deb28da686.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"404\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Stocks on the JSE rally to a three-week high on investors\u2019 optimism\",\"datePublished\":\"2021-04-07T17:51:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism\"},\"wordCount\":321,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606deb28da686.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism\",\"name\":\"Stocks on the JSE rally to a three-week high on investors\u2019 optimism - South Africa\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606deb28da686.jpg\",\"datePublished\":\"2021-04-07T17:51:16+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"JOHANNESBURG - SOUTH African stocks rallied to a three-week high yesterday as optimism around a swift economic recovery ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606deb28da686.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606deb28da686.jpg\",\"width\":720,\"height\":404,\"caption\":\"Stocks on the JSE rally to a three-week high on investors\u2019 optimism\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/south-africa\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stocks on the JSE rally to a three-week high on investors\u2019 optimism\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#website\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/\",\"name\":\"South Africa\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/south-africa\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Stocks on the JSE rally to a three-week high on investors\u2019 optimism - South Africa","description":"JOHANNESBURG - SOUTH African stocks rallied to a three-week high yesterday as optimism around a swift economic recovery ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism","og_locale":"en_US","og_type":"article","og_title":"Stocks on the JSE rally to a three-week high on investors\u2019 optimism","og_description":"JOHANNESBURG - SOUTH African stocks rallied to a three-week high yesterday as optimism around a swift economic recovery ...","og_url":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism","og_site_name":"South Africa","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2021-04-07T17:51:16+00:00","og_image":[{"width":720,"height":404,"url":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606deb28da686.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Stocks on the JSE rally to a three-week high on investors\u2019 optimism","datePublished":"2021-04-07T17:51:16+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism"},"wordCount":321,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606deb28da686.jpg","keywords":["Africa Press","Africa Press-South-Africa","South-Africa"],"articleSection":["all news","economy","homepage-english"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism","url":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism","name":"Stocks on the JSE rally to a three-week high on investors\u2019 optimism - South Africa","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-africa\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606deb28da686.jpg","datePublished":"2021-04-07T17:51:16+00:00","author":{"@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"JOHANNESBURG - SOUTH African stocks rallied to a three-week high yesterday as optimism around a swift economic recovery ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#primaryimage","url":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606deb28da686.jpg","contentUrl":"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/04\/img-606deb28da686.jpg","width":720,"height":404,"caption":"Stocks on the JSE rally to a three-week high on investors\u2019 optimism"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/south-africa\/all-news\/stocks-on-the-jse-rally-to-a-three-week-high-on-investors-optimism#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/south-africa\/"},{"@type":"ListItem","position":2,"name":"Stocks on the JSE rally to a three-week high on investors\u2019 optimism"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/south-africa\/#website","url":"https:\/\/www.africa-press.net\/south-africa\/","name":"South Africa","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/south-africa\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/7909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/comments?post=7909"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/posts\/7909\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/media\/7908"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/media?parent=7909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/categories?post=7909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-africa\/wp-json\/wp\/v2\/tags?post=7909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}