News Formal

JSE could get a boost as global stocks rebound on US tariff delay

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

South Africa News News

The US pushed back the September 1 deadline to impose a 10% tariff on Chinese imports, which include cellphones, laptops, toys and other goods

The JSE could open higher on Wednesday after US President Donald Trump’s decision to delay the 10% tariff on some Chinese imports lifted global stocks.

Earlier, the Shanghai Composite had gained 0.78% and Hong Kong’s Hang Seng 0.54% despite the escalation of violent pro-democracy protests on Tuesday, and Japan’s Nikkei 225 had gained 0.91%.

 

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.

MARKET WRAP: JSE closes lower as global risk factors persistThe rand reached R15.46/$ in intra-day trade, its weakest level so far in 2019
Source: BDliveSA - 🏆 12. / 63 Read more »

MARKET WRAP: JSE lower as gold miners have their worst day in four yearsGold miners slump 9% as global sentiment improves a little on the news that the US will delay the imposition of some tariffs on China
Source: BDliveSA - 🏆 12. / 63 Read more »