The JSE climbed along with most international equity markets on Friday, boosted by optimism over the US-China trade war, as well as upbeat economic data.
The primary good news, however, was that the US and China will resume high-level trade talks in October. Mid-level talks that will set the framework for those meetings are set to take place throughout September. Old Mutual rose 0.49% to R18.36. Earlier, the group lost its bid in the high court to keep its axed CEO Peter Moyo away from work pending its appeal against an earlier unfavourable ruling. The court also ordered the insurer to pay costs.
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