The local bourse is tracking Asian markets amid ongoing US-China trade tensions
SA’s main bourse could open slightly lower on Wednesday, in line with Asian markets, with local landlords and retailers set to report financial results before the market opens.
The Shanghai Composite edged 0.1% lower, while Korea’s Kospi fell 1.3% and Australia’s main benchmark 0.8%. Pepkor said earlier in May its headline earnings per share in the six months to end-March rose by between 34.1% and 54.1%. Arrowhead said recently it expects its dividend for the six months to end-March to be about 27.8c a share, excluding any contribution from Rebosis Income Fund.
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