Concerns of slowing global economy has led to the bourse extending losses to a third-consecutive session on Monday
A man looks at an electronic stock quotation board showing Japan's Nikkei average outside a brokerage in Tokyo, Japan, November 13, 2018. Picture: REUTERS/Toru Hanai/File Photo
SA’s main bourse slipped more than 1.5% to a one-month low on Monday, extending losses to a third-consecutive session, amid growing concerns that the global economy is slowing. But Japan’s Nikkei 225 index was 2% stronger on Tuesday, while Hong Kong’s Hang Seng index and Korea’s Kospi both edged slightly higher. The Shanghai Composite, however, was down 1%.On the JSE, small-caps including financial services group Ecsponent and drilling services company Master Drilling Group are due to report financial results.
SA’s monetary policy committee will meet over the next three days to decide on the country’s interest rates, with an announcement due on Thursday.
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