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Johannesburg - The JSE opened flat on Monday, as the market continued to digest disappointing economic data from the US.
By 09:15 local time, the JSE All Share [JSE:J203] index was flat (-0.04%), with resources up 0.16%. But platinum miners and gold miners were little changed.
Industrials shed 0.15%, while financials and banks were flat.
The rand was last bid at R6.67 to the dollar from R6.72 at the JSE's close on Friday. Gold was quoted at $1 544.95 a troy ounce from $1 537.66/oz at the JSE's previous close, while platinum was at $1 825.50/oz, from $1 813.50/oz previously.
"There is nothing positive to change the market as the poor US data weighed on sentiments," a trader said. Some Asian stock exchanges were closed for holidays.
Dow Jones Newswires reported that Asian stock markets were down on Monday, with the Japanese market hurt by a slump in Tokyo Electric Power's shares amid concerns over the utility's ability to remain a going concern.
Japan's Nikkei Stock Average was down 0.8% and Australia's S&P/ASX 200 was off 0.4%, while Singapore's Straits Times Index slipped 0.5% and India's Sensex shed 0.3%.
Trading activity in the region was subdued as markets in China, Taiwan, Hong Kong, South Korea and New Zealand were closed for public holidays.
Dow Jones Industrial Average futures were flat in screen trade.
Wall Street's losses on Friday, following a grim US nonfarm payrolls report for May, undermined regional sentiment, and added to recent concerns about the global economic outlook.
"The outlook for the US economy is highly uncertain," said Southern Cross Equities executive director, Charlie Aitken, in Sydney.
"Therefore, I am listening to the bond market, and maintaining an ultra-conservative equity strategy."
By 09:15 local time, the JSE All Share [JSE:J203] index was flat (-0.04%), with resources up 0.16%. But platinum miners and gold miners were little changed.
Industrials shed 0.15%, while financials and banks were flat.
The rand was last bid at R6.67 to the dollar from R6.72 at the JSE's close on Friday. Gold was quoted at $1 544.95 a troy ounce from $1 537.66/oz at the JSE's previous close, while platinum was at $1 825.50/oz, from $1 813.50/oz previously.
"There is nothing positive to change the market as the poor US data weighed on sentiments," a trader said. Some Asian stock exchanges were closed for holidays.
Dow Jones Newswires reported that Asian stock markets were down on Monday, with the Japanese market hurt by a slump in Tokyo Electric Power's shares amid concerns over the utility's ability to remain a going concern.
Japan's Nikkei Stock Average was down 0.8% and Australia's S&P/ASX 200 was off 0.4%, while Singapore's Straits Times Index slipped 0.5% and India's Sensex shed 0.3%.
Trading activity in the region was subdued as markets in China, Taiwan, Hong Kong, South Korea and New Zealand were closed for public holidays.
Dow Jones Industrial Average futures were flat in screen trade.
Wall Street's losses on Friday, following a grim US nonfarm payrolls report for May, undermined regional sentiment, and added to recent concerns about the global economic outlook.
"The outlook for the US economy is highly uncertain," said Southern Cross Equities executive director, Charlie Aitken, in Sydney.
"Therefore, I am listening to the bond market, and maintaining an ultra-conservative equity strategy."
