Johannesburg Equities Tracks Firmer Asian Markets on Wednesday
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
The JSE could take its lead from firmer Asian markets on Wednesday morning, as the concern about the coronavirus eases a little, and investors take heart from positive signs regarding...
show more“The [People’s Bank of China] will remain active in delivering more easing and with the [US Federal Reserve] possibly on standby, risky assets could remain attractive in the short term,” said Moya.
In morning trade on Wednesday, the Shanghai Composite was up 0.2% and the Hang Seng 0.7%. Tencent had added 0.8%. Gold was flat at $1,568.03/oz while platinum had risen 0.4% to $970.89.
Brent crude was up 1.2% to $54.92 a barrel.
Locally, DRD Gold is set to give a trading update, but all eyes are likely to be on retail sales numbers for December, which come after disappointing manufacturing data for the same month on Tuesday.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company
Comments