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JSE gains as positive Chinese data lifts Asian stocks

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The Hong Kong Hang Seng soared after news reports that the city's controversial extradition bill may be withdrawn

The JSE was firmer on Wednesday, in line with Asian stocks as positive Chinese economic data and reports that Hong Kong's extradition bill may be withdrawn lifted sentiment.

At 10.40am, the JSE all share added 0.25% to 54,878.40 points and the top 40 was up 0.3%. Industrials were 1.14% higher while gold miners were down 4.23%. Sasfin was up 3.14% to R28.88 after it said on Wednesday that it expected its headline earnings per share to increase between 28% and 33% to between 490c and 509c in the year to end-June.

 

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