JSE drops as investors ponder trade-war reports

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South Africa Headlines News

A report by Bloomberg on Wednesday said the US and China were moving closer to reaching a trade deal

The JSE was lower on Thursday morning as traders pondered the latest headlines regarding the US-China trade war.

This follows comments from US President Donald Trump earlier this week that the deal could be sealed after the US election in 2020. Earlier, the Shanghai Composite was up 0.74%, Hong Kong's Hang Seng 0.59% and Japan's Nikkei 225 0.71%. In Europe, the FTSE 100 lost 0.2% while France's CAC 40 added 0.39% and Germany's DAX was flat.

 

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