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JSE down on weak trading

Dec 31 2012 13:25 I-Net Bridge


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Johannesburg - The JSE weakened on Monday morning as trading wound up at noon due to the New Year’s Day holiday on Tuesday.

“Markets are very quiet today due to the holidays. Trading levels were also very thin‚” Vunani Private Clients global market analyst Kuziva Muganiwa said.

At 12:00‚ the All Share [JSE:J203] index was 0.34% weaker at 39 250.24 points.

“We are still eyeing the talks concerning the US fiscal cliff‚” he said.

On the JSE‚ Aquarius (AQP) was 1.10% stronger at R7.38‚ Impala Platinum (IMP) gained 1.02% to R167.70‚ Harmony (HAR) increased by 1.02% to R74 and M&R Holdings (MUR) added 1.06% to R24.39.

ArcelorMittal (ACL) lost 1.37% to R36‚ Exxaro (EXX) shed 1.17% to R169‚ Sanlam (SLM) gave up 1.15% to R44.77‚ Santam (SNT) was 1.42% lower at R190.25 and PPC (PPC) slid 1.01% to R34.20.

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