JSE to contend with mixed Asian markets on Friday, as Tencent pares gains

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JSE to contend with mixed Asian markets on Friday, as Tencent pares gains
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Tencent, which has rocketed almost 30% since Wednesday, had fallen 4%, with oil climbing as the war in Ukraine continues

The JSE looks set to start to mixed Asian markets on Friday morning, with Tencent paring gains after its recent surge, while indications are that the war in Ukraine will continue.

Markets were also digesting news overnight that Shenzen, China’s tech hub, was easing lockdown restrictions.realised its need to support businesses and communicate better, given the tame healthcare footprint Omicron presents, said SPI Asset Management managing partner Stephen Innes in a note.

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