JSE faces green screens and a surging Tencent
Investors in Asia are upbeat about the easing of Covid-19 restrictions in mainland China, with the reopening of the economy expected to boost the global economy
05 December 2022 - 07:19
The JSE is facing green screens at the start of the week and looks set to be lifted by the surge in the share price of Tencent, which influences the JSE via Naspers and Prosus, despite the uncertainty over President Cyril Ramaphosa.
The Hang Seng in Hong Kong jumped 3.46% on Monday morning, the Shanghai composite in mainland China 1.56%, while the Nikkei in Japan was flat. Year to date, the Hang Seng has lost 16.99%, the Shanghai composite 11.75% and the Nikkei 5.15%...
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