JSE could get a boost from Naspers on Thursday

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South Africa Headlines News

Asian markets are subdued after US President Donald Trump passed a human rights bill on Hong Kong

The JSE may get a boost from a strong performance by Tencent on Thursday, as markets digest US President Donald Trump signing a human rights bill into law that has displeased China.

China has threatened to retaliate over this, with fears it may delay or even scupper a partial US-China trade deal. In morning trade on Thursday, Asian markets were subdued, with the Shanghai Composite down 0.3% while Hong Kong’s Hang Seng was flat.The rand was little changed at R14.76/$.

Source: Financial Digest (financialdigest.net)

 

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