• Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

  • The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

All data is delayed
Loading...
See More

JSE dips amid consolidation

Jan 25 2013 11:21
I-Net Bridge

Johannesburg – The JSE opened in negative territory on Friday with platinum stocks showing some upside‚ while gold miners were the main laggards‚ amidst some consolidation in the market after a strong day on Thursday.

At 9:19am‚ the All Share [JSE:J203] index was down 0.12% to 40‚557.56 points‚ with the platinum sector adding 0.4% and gold miners dropping 1.9%.

In Asia the Nikkei 225 closed 2.88% stronger‚ while Hong Kong’s Hang Seng index dipped 0.21%.

“Gold has pulled back in the US last night and that is why our gold miners are down today. We are seeing some profit taking this morning‚ a bit of a pull-back in the market‚ after dual-listed shares such as South African Breweries and Richemont showed good gains yesterday as they are rand hedge stocks and the rand dipped below R9 yesterday‚” said Francois Venter‚ trader at Investec Asset Management in Cape Town.  

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

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
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

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

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...