JOHANNESBURG – THE JSE TRADED in the green on Friday, after the South African government announced its support for the resumption of the Johnson & Johnson vaccination programme.
The government on Thursday said that the temporary suspension of the J&J vaccine on the Sisonke Vaccination Programme would be lifted, but a date was yet to be confirmed.
The JSE All Share Index rose 0.46 percent to 67 278 points, lifted by gains in resources, industrial metals and mining, and consumer services.
The JSE’s benchmark index took advantage as US equities traded lower as global investors turned cautious after US President Joe Biden announced plans to tax the wealthy.
The economic picture continues to improve in the US with initial claims for unemployment insurance falling to 547 000 last week from 576 000 the prior week.
The Biden administration is looking to raise the top marginal income tax rate to 39.6 percent from…