JSE may extend gains on Tuesday as US markets surge

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JSE may extend gains on Tuesday as US markets surge
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US-China trade optimism and upbeat corporate earnings send US markets to record highs

The JSE looked set to extend its gains on Tuesday morning, amid a sea of green on global markets.

Asian markets were higher on Tuesday morning, with the Shanghai Composite up 0.68% and the Hang Seng 0.48% as of 6.10am SA time. The rand was 0.18% firmer at R14.78/$, which along with lower precious metal price, pointed to further strain for SA gold miners, who lost 2.9% on Monday.

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