07 November 2019 - 11:39The JSE was higher on Thursday morning, in line with most global markets while traders remained cautious amid more uncertainty regarding the US-China trade war.
“Given the late push by the Chinese to remove additional tariffs as part of the deal though, you have to question whether these delays are simply an administrative conundrum or something deeper. If trade talks fell apart at the 11th hour, the festive period may be a little less cheery this year for investors,” Oanda senior market analyst Craig Erlam said.
ArcelorMittal was down 1.18% to R1.68. The steel manufacturer said on Thursday that local sales fell 16.9% to 737,000 tonnes in the quarter to end-September.
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