Tencent could help lift the JSE on Wednesday morning

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Tencent could help lift the JSE on Wednesday morning
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The Naspers associate gained 1.7% in Hong Kong, while the rand weakened against major currencies

The JSE could open higher on Wednesday morning thanks to gains by Naspers associate Tencent in Hong Kong and BHP Group in Australia.

Hong Kong’s Hang Seng Index and the Shanghai Composite were both up 0.5%, though Japan’s Nikkei 225 index was 0.4% lower after gaining ground on Tuesday. The rand was weaker on Wednesday morning, trading 0.24% down versus the dollar at R14.45/$. Against the pound, it was 0.08% weaker at R19.06/£ and against the euro it was 0.17% weaker at R16.27/€.

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