Bourse likely to follow Asian markets higher as China makes ‘unprecedented proposals’ in trade talks with US
People pose for a photograph with the Bund Bull statue in Shanghai, China. Photographer: Qilai Shen/Bloomberg
The Shanghai stock index was up as much as 2.4% in late-morning trade, while Hong Kong’s Hang Seng index was up 0.7%. Stocks in Japan, Korea, Singapore and Australia pushed higher. Marine cargo container group Trencor is also due to report full-year numbers. Trencor said earlier in the week it would report a headline loss per share of between R18 and R18.30 for the year ended December.
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