JSE to open to mixed Asian markets as Wall Street slides further

The JSE is facing mostly red indicators from Asian markets on Thursday after US markets close lower for the fourth consecutive day.

The Nikkei fell 1.67%. Japan’s manufacturing purchasing managers index was revised upwards in August, but is still the lowest in 11 months. The JSE all share ended the day 0.95% lower on Wednesday at 67,257 points, with the biggest drag coming from banks and financials, which fell 2.84% and 2.63%, respectively. This was despite some outstanding performances from individual companies. Aspen, which released its 2022 results, saw its share price rise the most in more than five months after the drugmaker reported earnings growth while also upping its dividend.

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