Bloomberg India’s benchmark equity index rose, in line with peers in Asia, as investors weighed the prospect of business recovery against the pace of new coronavirus infections. The S&P BSE Sensex gained 0.7% to 38,434.13 as of 10:06 am in Mumbai, set for its longest stretch of gains in three weeks. The NSE Nifty 50 Index also advanced 0.6%. India’s …

Bloomberg South Africa’s main stock index climbs 1.6% by 9:43 am in Johannesburg as gains in diversified miners and a rally in Richemont counters weakness in index giant Naspers Ltd. It’s the market’s first trading session of the week following Monday’s holiday. Sasol reverses earlier weakness to be 0.9% higher. Stock retreated as much as 3.1% after the company said …

Bloomberg Oil snapped a two-day losing streak as Saudi Aramco predicted demand will continue to improve through the rest of the year, despite many regions across the world struggling to bring the coronavirus under control. Crude consumption in Asia is almost back to pre-virus levels, Aramco Chief Executive Officer Amin Nasser said. Meanwhile, oil drilling in the US falls to …