JSE lifts as investors await US-China trade talks

The JSE opened higher on Monday as investors shift their focus to the US-China trade negotiations taking place on Tuesday and Wednesday.

“The fact that the two countries have agreed to resume talks is a good sign, but the probability of a comprehensive deal between the two countries remain slim as neither side seems eager to agree,” London Capital Group senior market analyst Ipek Ozkardeskaya said in a note. Earlier, the Shanghai Composite had fallen 0.12% and Hong Kong's Hang Seng 1.09% amid ongoing pro-democracy protests and Japan's Nikkei 225 had fallen 0.45%.

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