The JSE opened slightly lower on Wednesday, with indices mixed, as global markets wait for a fresh catalyst in the US-China trade conflict. The dispute between China and the US has dampened sentiment, as traders anxiously await the next development. “Traders are waiting for the next chapter in the unfolding trade drama. Sentiment remains fragile as investors digest the changing face of the trade dispute from broad sweeping tariffs to direct action against single Chinese companies,” said London Capital Group analyst Jasper Lawler. Some investors are clinging to the hope that a US-China trade deal can still be achieved, most likely at the G-20 [Group of 20] meeting at the end of June.”

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