MARKET WRAP: Naspers drags JSE lower following Chinese authority blitz

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Global risk sentiment drops even further as tech firms take another beating

Tech-heavy Naspers led losses on the JSE, while global markets were mostly weaker as China’s crackdowns on technology companies sent a ripple through global markets.

Tencent, which influences the JSE via the Naspers stable, fell another 9% on the Hang Seng on Tuesday to HK$446, bringing losses for the past two days to about 16%, after the Chinese competition authorities ordered it to stop exclusive music licensing deals. ..

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

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 after tug of war between industrials and minersThe rand tested R15/$ in intraday trade as risk-off global sentiment persisted
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Market data — July 26 2021Market data including bonds and fuel prices
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Market data — July 25 2021Market data including bonds and fuel prices
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Fed has to wrestle with how to ease support for US housing marketThe debate over mortgage-backed securities will probably be near the top of the agenda this week
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

MARKET WRAP: JSE flat after tug of war between industrials and minersThe rand tested R15/$ in intraday trade as risk-off global sentiment persisted
La source: BDliveSA - 🏆 12. / 63 Lire la suite »