Head Topics

JSE opens higher as Asian markets recover

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

The Shanghai Composite index, which lost 5.6% on Monday, was 0.7% up and Hong Kong’s Hang Seng index gained 0.5%

The JSE opened higher on Tuesday as stock markets recovered slightly, following heavy losses in the prior session owing to US-China trade tension.

On Tuesday, the US's top negotiator, Robert Lighthizer, confirmed that the Trump administration would increase tariffs on Chinese imports on Friday, accusing China of not fulfilling its commitments to the talks, Bloomberg reported.Banks climbed 0.31%, industrials 0.09%, and resources 1.06%. BHP added 1.59% to R338.72 and Anglo American 0.95% to R372.97. Kumba Iron Ore was up 1.69% at R449.46.

Steinhoff, which is due to publish its long-delayed 2017 financial results on Tuesday, was 5.53% higher at R2.10.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Steinhoff results and MTN court ruling in the spotlight on TuesdayJSE expected to get off to a slow and mixed start
Source: BDliveSA - 🏆 12. / 63 Read more »

Steinhoff’s legal woes mount as more Pepkor lawsuits line upExecutives and shareholders of its JSE-listed subsidiary Pepkor Holdings seek R2bn in damages
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE slips in risk-off trade as Naspers leads lossesInvestors are wary after an increase in US-China trade tension, with the Shanghai Composite experiencing its worst day in over three years
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE pushes higher for fifth month in a rowThe local bourse closed a little lower on Tuesday, but ended April 3.66% up, with its monthly winning-streak the longest in five years
Source: TimesLIVE - 🏆 28. / 59 Read more »

JSE could open lower on Friday ahead of US employment dataGlobal investors expected to trade with caution ahead of US labour market data and Tencent’s 0.7% fall suggests a weak opening for Naspers
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE slumps 2% after Donald Trump’s tariff threatThe local bourse was on track for its worst performance in 2019 on Monday morning, after the US president's China tariff threats Since when is 2% a 'slump' ? 2% is a blip, a speed bump.....its hardly a 'slump'
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE could tumble on Monday morningAsian stock markets are being battered by concerns that trade talks between the US and China are breaking down
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE slips in risk-off trade as Naspers leads lossesInvestors are wary after an increase in US-China trade tension, with the Shanghai Composite experiencing its worst day in over three years
Source: TimesLIVE - 🏆 28. / 59 Read more »

JSE climbs on Friday as resources and Naspers push higherNaspers gained 0.78%, near its best level since November 2017, even though Tencent fell in Hong Kong
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE set for cautious start following Wednesday’s breakExchange set for a mixed morning after US Federal Reserve votes to keep rates unchanged
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE pushes higher for fifth month in a rowThe local bourse closed a little lower on Tuesday, but ended April 3.66% up, with its monthly winning-streak the longest in five years
Source: BDliveSA - 🏆 12. / 63 Read more »