Asian stocks rose on Friday morning, signalling a positive opening for the JSE, despite a mixed performance by US equities overnight.
GT247.com said in a note on Friday morning the delay meant global market volatility would continue for some time. Tencent, Naspers’s flagship investment, was 0.9% higher in Hong Kong, although BHP Group was 1.1% down in Australia — suggesting a weak opening for the JSE’s fifth largest stock. The rand was firmer on Friday morning, trading 0.3% higher versus the dollar at R14.49/$, 0.4% better against the pound at R19.19/£ and 0.2% up against the euro at R16.40/€.
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