JSE faces mixed Asian markets after Wall Street inches higher

The JSE will open to mixed screens from Asia on Thursday morning after Wall Street’s three major indicators inched higher after a big sell-off over the past two days.

The Hang Seng and Nikkei tracked Wall Street’s gains, but the Shanghai Composite dipped as the People’s Bank of China stuck to its medium-term lending facility rate of 2.75%. Gold, platinum and Brent crude were all down 0.28%, 0.54% and 0.27%, respectively. Gold was trading at $1,691.02/oz, platinum at $900.89% and Brent crude at $93.85 a barrel.The highlights of Thursday’s corporate calendar include FirstRand, Metair, Airports Company SA and SA Corporate Real Estate.

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