JSE faces lower markets amid protests in China over Covid-19

The JSE faces lower Asian markets as the world waits to see what will happen in mainland China as the world’s second-largest economy reports record infection numbers and citizens take to the street to protest against the strict zero-Covid-19 policy and lockdowns.

The Hang Seng declined 1.98%, the Shanghai composite 1.03% and the Nikkei in Japan 0.48%. Year to date, the Hang Seng has shed more than one-quarter (25.99%), the Shanghai composite 15.49% and the Nikkei 3.94%…

Source: businesslive.co.za