JSE looks set to piggyback on Tencent’s rally
The 4.18% jump in the Chinese technology share, which affects Naspers and Prosus, comes after it has more than halved in 2022
31 October 2022 - 07:21
The JSE seems set to be buoyed on Monday by a rally in Tencent, which influences the JSE via Naspers and Prosus, after both SA companies slumped on Friday.
The Hang Seng in Hong Kong gained 0.89%, the Nikkei in Japan 1.69%, while the Shanghai composite in mainland China was flat. Year to date, the Hang Seng is down more than one-third (35.57%), the Shanghai composite almost one-fifth (19.75%) and the Nikkei 5.94%...
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