The JSE fell on Monday to a three-month low, after the Dow opened weaker amid ongoing concern about an escalating global trade war.Sentiment soured after US President Donald Trump renewed his threats of slapping tariffs on a number of countries, without naming them specifically, in a tweet. However, in a tweet late last week Trump threatened German car manufacturers with higher tariffs.Trump is also expected to announce curbs on Chinese investment in US technology firms soon, after last week warning that additional tariffs of $200bn could be levied against China, if that country attempted to retaliate with its own tariffs.Brent crude oil dropped nearly 2% following Saudi Arabia’s commitment at the weekend to support an increased supply plan. This followed an earlier deal by oil cartel Opec, which disappointed the market, sending oil prices initially higher.The all share ended the day 1.7% lower at 55,889.3 points, its first close below 56,000 since April 6. The top 40 shed 1.81%, re...
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