MARKET WRAP: JSE falls despite better-than-expected GDP growth

Indonesia Berita Berita

MARKET WRAP: JSE falls despite better-than-expected GDP growth
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The local bourse brushes off positive local economic news, with miners, retailers and industrials under the most pressure on the day

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The JSE closed lower on Tuesday despite some positive economic news.

The all share fell 0.71% to 55,815.4 points and the top 40 0.62%. General retailers lost 1.49%, platinum miners 1.36%, industrials 1.01%, and gold miners 0.61%, Banks added 0.23% and the property index 0.26%. Attacq fell 3.05% to R14.93, despite saying earlier that distributable earnings per share grew by 9.5% to 45c in the six months ended December 2018 from the matching period in 2017.

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