The JSE closed a little lower on Thursday, with gold and platinum stocks under pressure, in what many analysts said was a technical sell-off.
The JSE all share fell 0.16% to 56,059.5 points while the top 40 was flat. Platinums slumped 7.34% and gold miners 6.15%. Platinum miners are facing wage talks with the Association of Mineworkers and Construction Union later this year. Amcu’s strike at Sibanye’s gold operations is in its fifth month.
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