News Formal

SA stocks may rise on better risk sentiment on Wednesday

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

S&P 500 Index gains 0.8% overnight

The JSE could be boosted by slightly improved risk sentiment on Wednesday after US President Donald Trump sought to reassure markets that a trade dispute with China could still be resolved.

China retaliated to higher tariffs on exports to the US, sparking concerns about global economic growth. Hong Kong’s Hang Seng Index was 0.7% up on Wednesday, while the Shanghai Composite added 1.1%. Stocks rose in Japan, Korea and Australia. Brian Joffe’s Long4Life is scheduled to report results for the year ended February. The group said recently headline earnings per share in the year rose 22% to 32%.

 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Elections boost business confidence | IOL Business ReportThe incoming administration is set to inherit improved business confidence after sentiment rose in April for the first time since January in anticipation of a more stable post-election policy environment. busrep busrep You are as gullible as the 30percenters
Source: IOL - 🏆 46. / 51 Read more »