MARKET WRAP: Miners lead gains on the JSE as all share slips from record high

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MARKET WRAP: Miners lead gains on the JSE as all share slips from record high
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Investors digested weak US economic data, while focusing on prospects of continued economic recovery and interest rates remaining low

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The JSE closed weaker amid mixed global markets as investors digested weak US economic data, while focusing on prospects of continued economic recovery and interest rates remaining low for a longer period.

The JSE all share reached a record high in afternoon trade, before pulling back. Miners led the gains in the all share, while technology stocks pulled the index lower, tracking a weaker close in tech-heavy Nasdaq...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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