• 10 tips to find bargains

    Susan Erasmus gives advice on how bargain hunters can get the most bang for their buck.

  • Inside Labour

    Labour's bitter breaches need to be seen in historical context, says Terry Bell.

  • Rich getting richer

    Economists differ on how to tackle the chasm between rich and poor, says Leopold Scholtz.

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

 
 
 

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

Johannesburg has been selected to host the Global Entrepreneurship Congress in 2017. "[The congress] will ensure that small business development remains firmly on the national agenda and the radar screen of all stakeholders, the Small Business Development minister said.
 
 

Top 10 richest musicians of all time

Check out the gallery to find out who they are!

 
 

Luxury living

Seven of the most expensive children's toys ever made
5 millionaires turned murderers
The youngest billionaires in the world and how they made it
Watch: Flying first class has never been this luxurious!

Money Clinic

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

Voting Booth

How do you see your boss? He/sheis:

Previous results · Suggest a vote

Loading...