Apologies, It seems that we couldn't find any results for ""
Try these search tips:
Please select which division you would like to log in to.
Please select which division you would like to register for.
The local bourse ended lower on Friday on subdued trade as investors remained focussed on the trade dispute between Washington and Beijing. At the closing bell, the JSE All Share lost 0.63%.
Wall Street indices fell on Friday after a newly signed US bill that supports pro-democracy protestors in Hong Kong fuelled concerns over the US-China trade talks. Shortly after the JSE closed, the Dow fell by 0.40%.
A new legislation that backs pro-democracy protestors in Hong Kong weighed on European markets on Friday after investors described it as a “major setback in the US-Sino trade negotiations”. At 18h30, the pan-European STOXX 600 Index lost 0.44%.
The US-China trade relationship took a strain and weighed on Hong Kong stocks on Friday after the government vowed to retaliate and expressed strong opposition to the newly signed US bill, saying it will “send the wrong signal to demonstrators”. The Hang Seng lost 2.03%.
Japanese shares traded lower on Friday after investors became concerned that Hong Kong protesters could derail a prospective US-China trade deal. At market close, the Nikkei recorded a loss of 0.49%.
The rand was steady on Friday as investors across the board were fixated on the US-China trade talk developments. At 18h15, the dollar was trading at R14.72.
Gold prices were set to log their worst month in three years on Friday as trade deal optimism dampened appetite for riskier assets. An ounce of spot gold traded at $1 463.86 at 18h30.
Oil prices dropped on Friday in thin trade following a US holiday, while oil traders await the outcome of this week’s OPEC+ meeting. At 18h40, a barrel of Brent crude fell by 4.04% and traded at $61.63.
Source: Reuters, Business Day, Trading Economics
Chief Investment Officer