• Without prejudice

    We all need to fight the ugly bigotry that’s made news recently, says Mandi Smallhorne.

  • Inside Labour

    The Davos extravaganza is slick PR and no UN-style institution, says Terry Bell.

  • 2015 Gadget preview

    Arthur Goldstuck presents gadgets to connect 2015 to the past and future.

Loading...
See More

JSE off week’s highs‚ awaits US data

Dec 07 2012 11:14 I-Net Bridge


Related Articles

JSE ends up‚ but off intraday high

JSE hits another high

JSE off its highs‚ awaiting data

JSE ends at high on Chinese news

SA stocks hit new record highs

Platinums push JSE to fresh highs

 

Johannesburg  - The JSE All Share [JSE:J203] index was softer on Friday morning after reaching an all-time high on Thursday due to risk-on trade‚ with some consolidation seen in the market today.

Global participants are awaiting US November nonfarm payrolls and November unemployment rate prints out at 3:30pm local time on Friday. Positive payroll numbers should lead to further risk-on trade‚ as it would indicate that the US recovery is still on track‚ and our local currency and bourse could benefit from this.

At 9:47am‚ the all share index was trading 0.24% softer at 38‚196.19 points‚ with the Top 40 – (Tradeable) [JSE: J200] index giving back 0.30% to 33‚906.75 points.

The banking index dipped 0.75%‚ followed by gold miners slipping a further 0.51% after shedding 2.12% on Thursday. Platinums were 0.23% softer after rallying 2.43% on Thursday.

Asian markets were softer with the Japanese Nikkei 225 closing 0.18% lower‚ while the Hong Kong Hang Seng index was flat (-0.05%) at 9.41am local time.

 

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

jse  |  markets

NEXT ON FIN24X

JSE makes modest gains

2015-01-26 14:05

 

Latest Articles

15 Investment Tips for 2015 Read More...
Tax-free saving accounts are coming Read More...
Which generator is right for you? Read More...
5 top tips to help you save on your next grocery bill 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

Money Clinic

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