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MARKET WRAP: JSE weakens as global sentiment sours

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Donald Trump’s tariff threats against China spoils the mood on the day, with upbeat local data failing to lift local equities

The JSE fell on Wednesday, with platinum miners faring worst, as risk appetite abated amid yet another sign the US-China trade war is far from over.

Asian and European markets were under pressure, with US markets retreating further from record highs set earlier in the week. Shortly after the JSE closed gold was up 1.02% to $1,420.02/oz and platinum 1.01% to $846.61. Brent crude was 0.12% lower at $64.22 a barrel.

 

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