The JSE was a little higher on Friday morning, but still on track for a weekly loss, as investors waited for further Brexit developments.
The EU is set to announce its decision on the UK's request for a Brexit extension in coming days. UK Prime Minister Boris Johnson is pushing for a general election on December 12, although this seemingly does not yet have support within parliament.
At 9.05am the JSE was up 0.28% to 55,631.6 points and the top 40 0.3%. Gold miners were up 1.57% and food and drug retailers 0.58%. Gold was up 0.16% to $1,505.67/oz and platinum 0.89% to $930.25. Brent crude was flat at $61.50 a barrel.Rand hedge British American Tobacco was down 1.02% to R510.07 while Richemont rose 1.09% to R110.01.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MARKET WRAP: JSE drops for a second day on Brexit concernsConsumer inflation moderated to an annualised 4.1% in September from 4.3% in August, according to data from Statistics SA
Source: BDliveSA - 🏆 12. / 63 Read more »
MARKET WRAP: Banks lead JSE lower as markets await decision on Brexit extensionThe rand closed flat against the dollar, but had strengthened slightly against the euro and the pound
Source: BDliveSA - 🏆 12. / 63 Read more »