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Johannesburg - The JSE opened flat on Monday, as mining counters recovered slightly after falling sharply last week.
By 09:20 local time, the JSE all share index was unchanged (-0.02%), with resources also flat (0.01)%. Gold miners rose 0.29% and platinum miners eked out a 0.10% gain. Banks (-0.09%) and industrials (0.05%) were little changed, while financials fell 0.17%.
The rand was trading at R6.80 to the dollar from R6.78 at the JSE's close on Friday. Gold was quoted at $1 374.15 a troy ounce from $1 373.32/oz at the JSE's previous close, while platinum was at $1 746.00/oz from $1 736.00/oz before.
"Resources look a little better and they are dominated," a trader said.
Globally, US futures point to weakness, while Asian stocks are generally lower, the trader said.
Dow Jones Newswires reports that Asian stock markets were mostly lower on Monday with banks falling in Shanghai on concerns about further interest rate hikes, while severe flooding in Australia's Queensland state continued to trouble the Sydney market.
Investor sentiment was hit by a disappointing US jobs report on Friday, which dragged on Wall Street stocks. December's nonfarm payrolls rose by 103 000 jobs as private-sector employers added 113 000 jobs, missing economists' estimate for a gain of 150 000 jobs.
Hong Kong's Hang Seng Index fell 0.63%.
European bourses are seen opening barely higher in a muted start to the week with Portugal's debt woes back on the radar.
By 09:20 local time, the JSE all share index was unchanged (-0.02%), with resources also flat (0.01)%. Gold miners rose 0.29% and platinum miners eked out a 0.10% gain. Banks (-0.09%) and industrials (0.05%) were little changed, while financials fell 0.17%.
The rand was trading at R6.80 to the dollar from R6.78 at the JSE's close on Friday. Gold was quoted at $1 374.15 a troy ounce from $1 373.32/oz at the JSE's previous close, while platinum was at $1 746.00/oz from $1 736.00/oz before.
"Resources look a little better and they are dominated," a trader said.
Globally, US futures point to weakness, while Asian stocks are generally lower, the trader said.
Dow Jones Newswires reports that Asian stock markets were mostly lower on Monday with banks falling in Shanghai on concerns about further interest rate hikes, while severe flooding in Australia's Queensland state continued to trouble the Sydney market.
Investor sentiment was hit by a disappointing US jobs report on Friday, which dragged on Wall Street stocks. December's nonfarm payrolls rose by 103 000 jobs as private-sector employers added 113 000 jobs, missing economists' estimate for a gain of 150 000 jobs.
Hong Kong's Hang Seng Index fell 0.63%.
European bourses are seen opening barely higher in a muted start to the week with Portugal's debt woes back on the radar.
