The JSE opened firmer on Friday as Naspers bounced back on an upbeat showing by Chinese internet company Tencent, in Hong Kong trade.The all share was above 57,000 points again, the same level at which it started the week before it dipped below 56,000 points in the middle of the week.Tencent was up 3% on the day after falling sharply earlier in the week on disappointing quarterly results. Naspers gained 2.57% to R3,226.92.Naspers’s gains lifted the whole market, with banks and financials higher despite a weaker rand trading at R14.70 to the dollar. Resources and platinums were higher.There are indications that the trade spat between China and the US could be solved through more talks. The Turkish lira has stabilised at firmer levels, erasing all the losses earlier in the week, which has lessened concerns about the exposure of European banks to further Turkish contagion.Turkey’s attempts to stabilise its embattled financial markets have borne some fruit this week, sparking a relief r...
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