Global markets are generally buoyant on perceived headway in the US-China trade spat
The JSE followed global equity markets higher on Friday morning, with the local bourse buoyed by Naspers and industrial stocks.
Kumba Iron ore was 3.8% up at R427.50, while Sappi was 2.2% higher at R66.63. Vivo Energy was 4.6% down at R23 and Netcare was 4.5% lower at R22.70. Most analysts expect SA’s rating outlook to be changed from stable to negative, paving the way for a possible downgrade in November.
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