The all share fell 0.23% to 58,528.4 points and the top 40 0.21%. Platinums fell 2.23% and industrials 0.19%. General retailers added 0.71%.
The JSE has been given a boost so far in 2019 by both a dovish turn by the US Federal Reserve, and by economic data showing that the global economy isn’t slowing as fast as feared. Although local economic growth is muted, it is worth noting that the JSE does not fully reflect the SA economy, with more than half of revenue generated overseas, said Old Mutual multi-managers strategists Dave Mohr and Izak Odendaal.
US non-farm payrolls numbers are due on Friday. Volatility in local markets could pick up ahead of next week Wednesday’s national elections.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARKET WRAP: JSE pushes higher for fifth month in a rowThe local bourse closed a little lower on Tuesday, but ended April 3.66% up, with its monthly winning-streak the longest in five years
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: JSE slips ahead of data-heavy weekVolumes on the local bourse were low on Monday, ahead of a busy week in terms of global economic news, as well as Wednesday's public holiday
Source: TimesLIVE - 🏆 28. / 59 Read more »
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »
Source: BDliveSA - 🏆 12. / 63 Read more »
JSE could open weaker on Wednesday as Asian markets slipUS markets closed at record highs overnight on favourable earnings from Twitter, Hasbro and Lockheed Martin
Source: BDliveSA - 🏆 12. / 63 Read more »
JSE slips as firmer dollar weighs on banks and minersUpbeat US corporate reports sent US markets to a record high on Tuesday, but a firmer dollar puts pressure on interest-rate sensitive stocks and miners
Source: BDliveSA - 🏆 12. / 63 Read more »