JSE set for cautious start following Wednesday’s break

The JSE is likely to get off to a mixed start on Thursday after the US Federal Reserve indicated that rate cuts are off the table for the time being.

Analysts at Singapore’s OCBC Bank said on Thursday global risk appetite “may be restrained this morning, and Asian markets are likely to trade with a somewhat more cautious tone today”. Tencent, the main asset of JSE-heavyweight Naspers, was up 0.4%. However, JSE-listed mining giant BHP Group was 1.5% down in Australia.

Elsewhere, the Bank of England is expected to keep interest rates unchanged, and the US is due to publish initial jobless claims.

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.

JSE edges a little lower before release of US GDP numbersAll eyes are on the health of the world's largest economy, with local banks and retailers benefiting from a slight rand recovery on Friday morning
Source: BDliveSA - 🏆 12. / 63 Read more »

US economy growth rate could lift JSES&P 500 gained 0.5% to hit a record high, despite investor concerns that consumer spending in the world’s biggest economy slowed for a third consecutive quarter
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE headed for cautious start on Friday as BHP fallsMain bourse, which will close at 3pm on Friday to facilitate the launch of a new derivatives platform, is likely to take its cue from Asian markets, which were mixed
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 »

Mine Restoration Investment looks at chrome deal to return from JSE wilderness
Source: TheCitizen_News - 🏆 6. / 75 Read more »

MARKET WRAP: JSE slips in risk-off trade but gold miners shineThe local bourse extended losses as US markets opened, with concerns over global growth weighing on equities
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE trades a bit higher as market eyes new catalystsIt is a busy week in terms of corporate data and economic news, and volumes may be subdued by the Workers' Day public holiday on Wednesday
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE slips ahead of data-heavy weekVolumes on the local bourse were low on Monday, ahead of a busy week in terms of global economic news, as well as Wednesday's public holiday
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE slips ahead of data-heavy weekVolumes on the local bourse were low on Monday, ahead of a busy week in terms of global economic news, as well as Wednesday's public holiday
Source: TimesLIVE - 🏆 28. / 59 Read more »

Mandatory high exposure to JSE a drawback to GEPFGovernment Employees Pension Fund seeks to diversify its offshore investments to more than the current 10%
Source: BDliveSA - 🏆 12. / 63 Read more »

JSE set to open lower on TuesdaySA’s data calendar is light — bar a scheduled trade balance release — a number of releases are due elsewhere
Source: BDliveSA - 🏆 12. / 63 Read more »