Loading...
See More

JSE off all-time high on US concerns

Dec 20 2012 10:54 I-Net Bridge


Related Articles

JSE hits another record high

SA stocks on a winning streak

JSE closes at record high

Resources underpin JSE strength

JSE surges to fresh lifetime highs

JSE all-share passes 39 000 point mark

 

Johannesburg – The JSE was a little softer on Thursday morning‚ albeit still above the 39 000 point threshold‚ after having reached another high on Thursday. But concerns about the looming US fiscal cliff have flared up again after politicians could not agree on a resolution. 

At 9:44am‚ the All Share [JSE:J203] index was down 0.12% to 39 119.14 points. 

Gold miners were leading the upside adding 0.20%‚ while platinums were down the most shedding 0.45%. 

“The big news is concern about the US having reached a deadlock about the fiscal cliff and with only 12 days left to solve the problem investors are starting to worry again. The Bank of Japan announced further monetary stimulus this morning - they are going to buy more bonds‚ and this should be positive for global markets‚” a local trader said. 

In the east the Hong Kong Hang Seng Index was flat (-0.01) at 09:29 local time.

 

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

jse  |  markets  |  us fiscal cliff
NEXT ON FIN24X

 

Lastest Articles

Here is how to check your credit score and manage it Read More...
Top tips to save money over the festive period Read More...
These are the top 5 most fuel efficient cars in SA Read More...
What to consider when switching medical aid schemes Read More...
 
 

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

Retailers of any shape and size can now unlock the power of mobile transacting.
 

Money Clinic

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