JSE could open lower on Friday ahead of US employment data
Tencent’s stock was 0.7% lower in Hong Kong, suggesting a weak opening for major shareholder and JSE-heavyweight Naspers.
BHP Group, which has been on a losing streak since April 9, was 0.1% lower in Australia.
No major data releases or company results are expected in SA on Friday, as the country’s election looms large. The governing ANC is expected to retain its majority following the vote next Wednesday.
The rand, which broke through the R14.50/$ mark on Thursday afternoon as the dollar strengthened, was flat on Friday morning at R14.53/$, R18.95/£, and R16.23/€.
Source: businesslive.co.za
