The global markets were mixed and despite the weaker Rand, the JSE was under a lot of pressure, falling over 1% on Friday. The US managed a positive close despite muted inflation figures. Alviva, formerly known as Pinnacle, was up over 2% after releasing a decent trading update. Naspers was down almost 3% after a report saying that China’s online watchdog is investigating Tencent. And Disney – who own the top media library – have announced they are pulling all their content from Netflix.

 

China investigates & Disney says No to Netflix

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