MARKET WRAP: JSE follows weaker global markets on myriad concerns

US-China trade issues, lower manufacturing production in the eurozone and the Saudi oil attacks weigh on world marketsThe JSE all share was lower on Monday as international factors weighed on global investor sentiment.

Trade uncertainty between the US and China remain on investors’ radars, while tension in the Middle East is also exacting its pound of flesh. The JSE all share fell 1.39% on Monday, its biggest drop in almost a week, with the top 40 down 1.55%. Industrials slumped 1.9%, with financials and banks losing 1.12% and and 0.91%, respectively. In what could comfortably be considered safe-haven trade, the gold index added 4.17% and platinums 2.07%.

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Saudi Arabia seeks action against Iran after oil attack, allies wary - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Saudi Arabia will seek to make a case at a global gathering in New York this week for concerted action to punish and deter arch-foe Iran after strikes on Saudi oil plants rattled global markets and exposed the kingdom’s vulnerability to attack. However, even Riyadh’s main allies the United States and the United Arab Emirates … Saudi arabia air space is one of the most protected in the universe. How the hell did the ' drones ' passed through undetected, ? Good job Iran👏👏👏 💓 Saudi Arabia should run into their boyfriend USA crying for help
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