Tech-heavy stock indexes in Asia such as Taiwan, Korea and Hong Kong’s tech index closed lower between 0.6% and 1.5%, as a report of the U.S. mulling tighter export curbs on advanced chip technology to China overshadowed an upbeat quarterly revenue forecast from TSMC.
South Africa’s rand was muted, and yield on the benchmark sovereign bond ticked up 2 basis points (bps) ahead of a rate decision, where most economists expect the local central bank to leave rates at 8.25%.
Source link : https://www.cnbcafrica.com/2024/stocks-slip-with-china-policy-decisions-on-tap-s-africa-in-focus/
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Publish date : 2024-07-18 10:21:15
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