JSE could get a boost from upbeat Chinese on Monday
Purchasing managers’ index beat market expectations and rose to a five-month high in August, helping to lift Asian markets
02 September 2019 - 07:41
Some optimism over the US-China trade war and upbeat Chinese economic data lifted Asian stocks on Monday morning, boosting chances that the JSE will extend last week’s 2.34% rise.
A private Chinese manufacturing purchasing managers’ index earlier rose unexpectedly to 50.4 points in August, offering a glimmer of optimism following recent disappointing data from the world’s second-largest economy...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.