JSE faces mixed Asian markets as Fed rate hikes loom
Hong Kong’s Hang Seng edged up 0.15%, while China’s Shanghai composite decreased by 0.40% and Japan’s Nikkei 0.57%
07 December 2022 - 07:45
The JSE will open to mixed Asian markets, which digested lower US markets overnight as the possibility of more aggressive interest-rate hikes from the US Federal Reserve looms despite China easing strict Covid-19 controls.
The Hang Seng in Hong Kong edged up 0.15%, while the Shanghai composite in mainland China decreased by 0.40% and the Nikkei in Japan 0.57%. Year to date, the Hang Seng has lost 16.35%, the Shanghai composite 11.91% and the Nikkei 5.37%...
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.