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MARKET WRAP: JSE slips ahead of busy Wednesday

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A series of events will give markets direction on Wednesday, including an ECB policy announcement and a crucial EU Brexit summit

The JSE edged lower on Tuesday, amid caution on global markets, as investors eyed upcoming risk events.

EU leaders are also set to meet on Wednesday to consider a request by UK Prime Minister Theresa May to delay Brexit until June 30, as she struggles to find consensus among British MPs. The all share fell 0.25% to 57,838.4 points and the top 40 lost 0.27%. General retailers added 1.58%. The resources index fell 0.47% and banks 0.48%.

 

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