JSE remains flat as market considers Chinese stimulus plans
Gloomy Asian data is being offset a little by news that China is gearing up to stimulate its economy, but local miners are leading losses
09 September 2019 - 10:38
The JSE began the new week with a subdued start on Monday morning, with sentiment fragile as investors considered both new Chinese stimulus and gloomy data out of Asia.
China has moved to reduce how much cash banks must hold in reserve, releasing liquidity to boost an economy that has been hit by the China-US trade conflict. Chinese exports to the US unexpectedly fell in August, while markets are also considering a worse than expected second-quarter performance by the Japanese economy...
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