The JSE will probably get off to another subdued start on Tuesday as the ongoing trade dispute between the world’s two largest economies continues to curb investors’ appetite for risk. The all-share index lost 1% on Monday amid light trading volumes, while the US’s technology-heavy Nasdaq Composite index fell 1.5% overnight. Stock markets have suffered after US President Donald Trump signed an executive order to blacklist Huawei from the US market. Google then suspended technology co-operation with the telecoms company, further escalating tension between the US and China. Analysts at OCBC Bank in Singapore said while stocks would likely drift lower on Tuesday, tensions between the US and China “may ease slightly today” after American officials said the country would grant a 90-day reprieve on the ban on technology transfers. Hong Kong’s Hang Seng Index was 0.2% up on Tuesday and China’s Shanghai Composite added 1.5%. Korea’s Kospi was 1% higher, while Japan’s Nikkei 225 and Australi...
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