MARKET WRAP: JSE led lower by Naspers and gold miners

The JSE slipped on Monday, amid mixed global markets, as investors considered both the prospects of further stimulus from major global economies as well as deteriorating international business conditions.

Offsetting this is hopes that the European Central Bank will announce stimulus measures on Thursday, while China has already moved to lower lending requirements for its banks. Gold fell 0.35% to $1,501.35/oz while platinum firmed 0.18% to $950.97. Brent crude was up 1.39% to $62.52 a barrel.

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