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

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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