Data provided by iNet BFA
Loading...
See More

JSE slips after fresh record peak

Dec 03 2012 10:49 I-Net Bridge


Related Articles

JSE closes at fresh all-time high

JSE pauses for breath after a rally

JSE softer after rally

Miners‚ resources drive JSE rally

Mining stocks fuel JSE rally

JSE touches new lifetime high

 

Johannesburg - The JSE kicked off a new month on a downbeat note on Monday‚ after the all share index added more than 2% last month to close at a fresh record peak on Friday‚ led by industrial stocks.

At 9:36am‚ the All Share [JSE:J203] index was down 0.32% at 37‚984.49 points‚ with the Top 40 - (Tradeable) [JSE:J200] index slipping 0.39%. Gold stocks led the downside‚ dropping 1.19%.

“It is a cautious start to the session after reaching new highs yet again on Friday. The backdrop for commodity-based stocks‚ however‚ remains positive following the uptick in the Chinese manufacturing data although we still need to see a firmer trend‚” said Devin Shutte‚ a trader at stockbrokerage‚ Newstrading.

China’s official purchasing managers’ index rose to a seven-month high of 50.6 in November‚ up from 50.2 in October.

Leading Asian stocks were mixed‚ with Japan’s Nikkei 225 closing 0.13% higher and the Hang Seng index in Hong Kong losing 0.72%.

 
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
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

Retirees regret living it up in days gone by

Many people only realise when it is too late that the money they splashed out on pricey cars and holidays should have been saved for a cushy retirement instead.

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

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