The JSE was hardly changed on Friday on mixed Asian markets after China’s export data disappointed, falling unexpectedly in March, pulling local market heavyweight Naspers down.Mining stocks were higher at the opening as the aluminium spot price rocketed, offset by weaker copper and zinc prices. The gold price rose 0.35% to $1.339.50/oz, supporting local gold shares as the rand traded slightly above R12/$.Chinese internet company Tencent, of which Naspers owns 31.2%, fell in Hong Kong Trade. Naspers lost ground in response, with added pressure coming from the news that Naspers could raise nearly R4bn by selling its 16.6% stake in Indian e-commerce player Flipkart to Walmart.Reducing its stake in Flipkart could further increase the sizeable discount with Tencent in Naspers’s present market cap, which management previously had stated it wanted to narrow.The Nikkei 225 added 0.55% but the Shanghai Composite was down 0.66% and the Hang Seng fell 0.12%.The Dow closed 1.21% higher at 24,4...
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