The Absa manufacturing PMI fell to 47.7 points in November from 48.1 in October
The JSE was subdued on Monday morning, failing to benefit from global market sentiment bolstered by positive manufacturing data from China.
Locally, the Absa manufacturing PMI fell to 47.7 points in November from 48.1 in October, data showed on Monday. Markets are monitoring developments in the US-China trade war after President Donald Trump signed a legislation supporting Hong Kong pro-democracy protesters last week. At 10.50am, the JSE all share and the top were flat with the all share at 55,385.9 points. Banks were down 0.6% and financials 0.59%.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Positive Chinese data could boost JSE on MondayA Chinese manufacturing purchasing managers’ index unexpectedly rose in November, boosting Asian markets, although gold miners could suffer
Read more »
Positive Chinese data could boost JSE on MondayA Chinese manufacturing purchasing managers’ index unexpectedly rose in November, boosting Asian markets, although gold miners could suffer
Read more »
Asian shares edge higher on positive Chinese factory dataInvestors also cling to hopes Beijing and Washington can reach a compromise in trade talks
Read more »
SAA quandary can allow entrepreneurs to take offStartupBoeing is one initiative helping businesspeople to launch new airlines, while Chinese strategy lowers entry barriers
Read more »
Market data — November 29 2019Market data including bonds, unit trusts and fuel prices
Read more »
Competition Commission to release final report on data pricesThe Competition Commission will on Monday release its final report on the data services' market inquiry
Read more »