The JSE closed lower on Monday, in line with European stocks after reports that China wants to conduct another round of trade talks before signing a partial agreement with the US.
“The ‘phase 1’ deal did not really address the most sensitive issues in the trade dispute, especially technology transfer, intellectual property theft and currency manipulation,” FXTM market strategist Hussein Sayed said in a note. Earlier, the Shanghai Composite rose 1.15% and Hong Kong’s Hang Seng 0.81% while Japan’s Nikkei 225 was closed for a public holiday.
The benchmark R186 government bond was stronger, with the yield falling one basis point to 8.22%. Bond prices move inversely to bond yields.
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
After a lonely journey, Diseko enters the nickel market at the right timeFounder and CEO of Thakadu Group tap into a market worth more than R1.6-trillion
Source: BDliveSA - 🏆 12. / 63 Read more »
WATCH | Is Africa a neglected market?SPONSORED | A panel of experts from SantamInsurance discuss insurance in Africa.
Source: BDliveSA - 🏆 12. / 63 Read more »
Sanlam taps into the stokvel marketInsurer sets out to formalise traditional sector
Source: BDliveSA - 🏆 12. / 63 Read more »