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

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JSE faces lower markets amid protests in China over Covid-19
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The world’s second-largest economy reported a record number of new cases for a fifth consecutive day on Sunday

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 , the Shanghai composite 15.49% and the Nikkei 3.94%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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