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JSE remains flat as market considers Chinese stimulus plans

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Sverige Nyheter Nyheter

Gloomy Asian data is being offset a little by news that China is gearing up to stimulate its economy, but local miners are leading losses

The JSE began the new week with a subdued start on Monday morning, with sentiment fragile as investors considered both new Chinese stimulus and gloomy data out of Asia.

At 10.15am the JSE was flat at 55,605.2 points while the top 40 was unchanged. Gold miners fell 1.94% and platinums 0.9%. Financials added 0.68%.

 

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