The JSE closed lower on Tuesday with miners leading losses, while global markets await more developments on Brexit.
The rand strengthened to its best level in more than a month in intra-day trade on Tuesday bolstered by optimism in the US-China trade talks. Gold was flat at $1,484.71/oz while platinum added 0.29% to $890.39. Brent crude was 1.12% higher at $59.70 a barrel. Locally, the leading business indicator fell to 103.8 in August from 103.9 in July, data from the Reserve Bank showed on Tuesday. The median forecast was for the indicator to have fallen to 103.7, according to Bloomberg.
Standard Bank rose 0.86% to R181.34. The company said earlier that it has written down its stake in the
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