Sluggish revenue outlook from Chinese tech giant Tencent sparks selling of the local bourse’s two biggest companiesBig declines in Naspers and Prosus dragged the JSE lower on Wednesday while the rand hovered around five-month highs with
Tencent’s main rival, Alibaba, also delivered its slowest top-line growth on record in the December quarter, Bloomberg reported. “The Federal Reserve has recently given a fairly positive assessment and optimistic outlook for the US economy .”
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