JSE likely to open mixed as BHP slides
SA’s main bourse could get off to a cautious start on Wednesday as Naspers associate Tencent pushed towards a nine-month high while BHP Group slid in Australia. Earlier, data showed that China’s economy remained resilient in the first quarter, with growth slightly ahead of expectations at 6.4% despite a trade tussle with the US. Following strong gains on Tuesday, the Shanghai Composite index was 0.2% up, while Hong Kong’s Hang Seng index and Australia’s main benchmark were both 0.2% lower. Japan’s Nikkei 225 index was 0.3% up. Tencent was 0.8% up in Hong Kong, although BHP was 2.2% down in Australia.
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