News Formal

MARKET WRAP: JSE gains as US-China trade war still in focus

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Standard Bank purchasing managers’ index fell to 48.6 points in November from 49.4 in the previous month

The JSE was higher on Wednesday while global markets were mixed as investors monitor the latest developments in the US-China trade war.Uighur Muslim minority will affect relations between the two economic superpowers, Reuters reported on Wednesday, adding to market concern about the trajectory of the protracted battle over trade.

The US is expected to impose another tariff hike on Chinese goods from December 15, with analysts saying this will likely rattle markets. Earlier, the Shanghai Composite fell 0.23%, Hong Kong’s Hang Seng 1.25% and Japan’s Nikkei 225 1.05%. Gold was down 0.28% to $1,472.8/oz and platinum 0.78% to $902.68. Brent crude climbed 3.08% to $62.88 a barrel, amid speculation that oil cartel Opec might extend oil output cuts at their meeting on Thursday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE drops as telecoms stocks take a knockMarkets await third-quarter GDP figures on Tuesday after expansion of 3.2% in the previous quarter
Source: BDliveSA - 🏆 12. / 63 Read more »

CHRIS GILMOUR: Afrimat’s stellar results fail to woo the marketInvestors may be more concerned about future iron ore prices than interim revenue and profit rise
Source: BDliveSA - 🏆 12. / 63 Read more »

SAA can't be saved, says Free Market FoundationThis follows the announcement that the airline will be undergoing 'radical restructuring aimed at ensuring operational and financial sustainability. Please tell NUMSA Yes it can not be saved because you want to auction it to your friends and relatives Even a white person with white hair cannot save it
Source: eNCA - 🏆 49. / 51 Read more »

Market data — December 2 2019Market data including bonds, unit trusts and fuel prices
Source: BDliveSA - 🏆 12. / 63 Read more »

Breaking barriers to market access will help SMMEs in SAGlobal trends indicate that the small medium and micro enterprises (SMMEs) sector has experienced sustained growth and is consistently the largest employer in both the developed and developing world in recent times.
Source: City_Press - 🏆 7. / 72 Read more »