MARKET WRAP: Mooted reduction in Tencent stake weighs on Prosus and Naspers
The US Fed is due to release minutes from its recent meeting later in the day, with inflation remaining a concern in some quarters
BL PREMIUM
07 April 2021 – 18:50
Naspers and Prosus dragged the JSE lower on Wednesday, while global markets were mixed after a strong run so far this week.
The falls in Naspers and its European subsidiary Prosus came after the latter announced plans to sell down its stake in Chinese e-commerce and gaming group Tencent…
Source: businesslive.co.za