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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