MARKET WRAP: Mooted reduction in Tencent stake weighs on Prosus and Naspers
The US Fed is due to release minutes from its recent meeting later in the day, with inflation remaining a concern in some quarters
07 April 2021 - 18:50
Naspers and Prosus dragged the JSE lower on Wednesday, while global markets were mixed after a strong run so far this week.
The falls in Naspers and its European subsidiary Prosus came after the latter announced plans to sell down its stake in Chinese e-commerce and gaming group Tencent...
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.