JSE heavyweight Naspers had its worst day in a fortnight on Friday as the US clamped down on Chinese tech giants, including Prosus subsidiary Tencent.
Naspers closed 4.18% lower at R3,088.39, its worst day since July 24, while Prosus fell the most in about 10 weeks, down 3.82% to R1,676.34. This is after US President Donald Trump issued an executive order to ban US companies from doing business with TikTok-owner ByteDance, and Tencent, which owns WeChat and a big chunk of Epic Games.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
MARKET WRAP: JSE flat as markets await details of US Covid-19 relief packageA deal is expected to be reached soon after much political wrangling in Washington
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
SA citrus industry gains US market shareCovid-19 sees a clamour for vitamin C and SA is exporting about 60,000 tonnes of it in 2020
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
Lower unemployment claims suggest US jobs market is improvingInitial jobless claims in regular state programs fell by 249,000 to 1.19-million in the week ended August 1
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Reserve Bank buying less bonds as the market stabilisesThe ‘strong’ 10.6% increase in the level of reserves means SA has enough to cover 9.8 months of imports, up from 8.8 months in June
La source: BDliveSA - 🏆 12. / 63 Lire la suite »