JSE looks set for mostly firmer Asian markets on Tuesday as risks simmer

All eyes are on US Federal Reserve announcement but news of Alibaba’s Hong Kong listing helps support tech shares

An employee passes share price information displayed on an electronic ticker board inside the London Stock Exchange Group’s offices in London, the UK. Picture: BLOOMBERG VIA GETTY IMAGES/LUKE MACGREGOR

Investors were also digesting news overnight from Walmart, the world’s second-biggest retailer, which cut its profit forecasts while warning that inflation is whittling away the spending power of its customers. In morning trade the Hang Seng was up 1.41% and the Shanghai Composite 0.83%, while Japan’s Nikkei was flat. Tencent, important to the JSE due to the Naspers stable, gained 0.37%.

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