MARKET WRAP: JSE drops as global markets ponder US-China trade war

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

China’s commerce ministry says it will push to reach a partial trade deal with the US

21 November 2019 - 19:19The JSE was lower on Thursday with global equities in negative territory as the US and China aggravate market fears that the prolonged trade war may drag on.

Earlier, the Shanghai Composite fell 0.25%, Hong Kong’s Hang Seng 1.57% and Japan's Nikkei 225 0.48%. “Regarding future risks, despite past ‘shocks’ which sapped the rand, recent evidence has shown that inflation has nevertheless still declined, indicating how weak the cost transmission mechanism has become in changed economic circumstances,” said Raymond Parsons, economics professor at the North West University Business School.

The R2030 government bond was weaker with the yield rising one basis point to 9.075%. Bond yields move inversely to their prices. Hospitality Property said on Thursday that rental income decreased 3% to R335m in the six months to end-September. Its share price fell 1.3% R7.60.

 

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 a little lower as global risk sentiment fadesChina’s foreign ministry has criticised the US after the Senate unanimously passed a bill to support Hong Kong protesters
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

World stocks take a hit on renewed US-China trade animusMost Asian stock markets ease along with S&P futures as European shares fall 0.5%, with recession fears creeping back in
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Netcare expects digitisation of patient records to help increase market shareSA's weak economy means and a growth in members covered by restricted hospital networks are expected to weigh on patient day growth
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Market data — November 19 2019Market data including bonds, unit trusts and fuel prices
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Google’s Stadia takes aim at $130bn video game marketGame-streaming service launches across 14 countries but analysts question the business model.
La source: BDliveSA - 🏆 12. / 63 Lire la suite »