• SA cities need foreigners

    We need to protect our cities' cosmopolitan nature, says Mzwandile Jacks.

  • Am I a racist?

    Does hating government's arrogance, nepotism and greed make me a bigot, asks Anton Ressel.

  • Recipe for disaster

    Malema's flames of frustration are fuelling white extremism, says Leopold Scholtz.

Loading...
See More

Banking stocks lead JSE softer

Dec 10 2012 11:06 I-Net Bridge


Related Articles

Banks pull JSE lower

JSE closes flat after earlier highs

Bank stocks pull JSE down

JSE slips as banks‚ platinums weigh

JSE pares losses‚ boosted by banks

JSE softer on global concerns

 
Johannesburg - Banking and financial stocks led the JSE lower during the opening session on Monday‚ with consolidation leaving the All Share index struggling to maintain gains above 38 000 despite generally positive trading in Asia.

At 9:31‚ the All Share [JSE:J203] index was down 0.40% to 38 041.60 points‚ with the Top 40 - (Tradeable) [JSE:J200] index giving back 0.51% to 33 737.44 points. The banking and financial indices were 0.92% and 0.72% softer‚ respectively.

“Chinese figures ... have largely confirmed that the economy is picking up speed again‚” RMB analysts said in a note.

A raft of economic data released at the weekend indicated an improvement in Asia’s largest economy‚ Dow Jones Newswires reported. 

China posted its highest industrial production numbers since March - growth of 10.1% year on year in November‚ compared with economists’ median forecast of 9.8%.

Among Asian bourses‚ Hong Kong’s Hang Seng index was up 0.29%.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

all share  |  jse  |  markets

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Brought to you by BizNews

More from BizNews

We're talking about:

SMALL BUSINESS

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

Must see! The most luxurious dog house!

This dog house comes with a treadmill and hot tub, you have to see it!

 
 

Luxury living

WIN!
Ridiculous demands people with too much money make
8 of the priciest places to dock your yacht
Habits of the world’s richest people

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Government’s call for the private sector to add power to the grid is:

Previous results · Suggest a vote

Loading...