JSE slips as political uncertainty pulls Asian stocks lower
Steinhoff International is expected to give an update on its restructuring plan on Tuesday
13 August 2019 - 10:34
The JSE opened lower on Tuesday morning in line with Asian markets, as investors shy away from riskier assets amid concerns about the effect of Hong Kong's pro-democracy protests and the US-China trade war.
Protesters brought the Hong Kong Airport to a standstill on Monday, which resulted in the cancellation of more than 100 flights. The city's CEO, Carrie Lam, said it would take a long time for Hong Kong to recover from the violent protests. ..
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