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MARKET WRAP: JSE closes lower as markets digest US employment data

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MARKET WRAP | JSE closes lower as markets digest US employment data

Gold was 1.38% lower at $1,395.49/oz, while platinum slumped 3.36% to $807.69. Brent crude gained 1.19% to $63.91 a barrel.

Shortly after the JSE closed, the Dow was 0.44% weaker at 26,846 points, after having been closed for US Independence Day on Thursday. In Europe, the FTSE had fallen 0.66%, France’s CAC 40 0.48%, and Germany’s DAX 30 0.49%. In Asia, the Shanghai Composite gained 0.19% and Japan's Nikkei 225 0.2%, while Hong Kong’s Hang Seng was flat.

Among gold miners, Gold Fields fell 2.27% to R71.93, Sibanye-Stillwater 2.19% to R15.60, AngloGold Ashanti 1.46% to R247.43, and Harmony 0.64% to R30.86. Naspers gained 0.97% to R3,481.86. On Friday, the internet and media group’s fintech subsidiary PayU said it hadEOH jumped 7.38% to R24 despiteAspen Pharmacare dropped 4.89% to R99.64 after

 

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