MARKET OPEN: Better global mood may spill over to local market

Tue, 21 Jul 2020

Positive news on the vaccine front, a better night on Wall Street and news the European Union are nearing a deal on a coronavirus relief fund may help spur a positive day on the domestic market. A coronavirus vaccine developed by the University of Oxford and appears safe, triggers an immune response, the BBC reported. Trials involving 1,077 people showed ChAdOx1 nCoV-19 led to them making antibodies and T-cells that can fight coronavirus. “Global equities kicked off the trading week on a positive note as vaccine hopes supported optimism,”...

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