Gloomy global data sends JSE to three-month low
The local bourse lost 1% in morning trade after reports that Chinese industrial growth had slipped to a 17-year low in July
14 August 2019 - 10:21
Further signs that the global economy is losing momentum weighed on the JSE on Wednesday morning, with the local bourse slipping back below 55,000 points amid broad-based losses.
Chinese industrial output growth in July missed market expectations, rising only 4.8% year on year, compared with the market’s target of 5.8% growth. This is the lowest growth since 2002...
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