The JSE looks set to start the week on a bad note, judging from Asian markets.Naspers’s 31%-owned associate Tencent was down 2.52% to HK$363.60, indicating the top 40’s largest constituent is going to drag the local bourse down on Monday.The top 40’s second-largest constituent, BHP, was down 0.61% to A$34.20 in Sydney.The rand was trading at R13.20 to the dollar, R15.39 to the euro and R17.30 to the pound at 6.30am.Monday’s focus will be on the health of SA’s manufacturing sector, with two JSE-listed manufacturers scheduled to release results.The share price of electronics products manufacturer Ellies rebounded 21% to 34c on Friday when it said it expected to report a return to profit for the year to end-April.Ellies said it expected to report headline earnings per share (HEPS) of 7.89c from the prior year’s headline loss per share of 7.45c.Aluminium products maker Hulamin warned shareholders on July 25 it expected to report its earnings for the six months to end-June were only abou...
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