The JSE rocketed more than 2% at the opening on Wednesday, as Naspers surged more than 9% on market views that the recent sell-offs in the market were overdone. Industrials, banks and miners were the firm favourites on the last trading day of October, which has so far been a dismal month for global equity markets. US markets set the scene on Tuesday, with the Dow closing 1.77% higher. Asian markets responded positively on Wednesday, with the Nikkei 225 gaining 2.16% and the Hang Seng 1.14%. Naspers rose as Chinese internet company Tencent rebounded more than 4% in Hong Kong trade after having been pummeled by investors over the last few months, with Tencent losing more than 40% of is market value. On Tuesday, Naspers extended losses for 2018 to 30%. Oanda analyst Craig Erlam said anxiety was still extremely evident in the markets and the next week was unlikely to calm that, with the jobs report, US Fed meeting and midterms in the US only adding to the uncertainty. "We’ve seen recent...

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