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Johannesburg - The JSE share market tilted lower at noon‚ in line with leading global counterparts‚ ahead of the start of the US third-quarter earnings season.
Aluminium giant Alcoa is scheduled to report its earnings on Tuesday evening.
At 12:49 the JSE all share index was down 0.42% at 36 184.48 points‚ while the top 40 index had shed 0.38% to 32 061.40 points.
Financial shares had dropped 0.77% and industrials were off 0.64%‚ while platinum counters had lifted 0.70%.
"There is some caution ahead of the US earnings season‚ which investors will look towards for direction in the short term‚” said Satish Gosai‚ head of dealing at Kagiso Asset Management.
The rand clawed back some lost ground against the dollar after three unions - which represent approximately 15 000 employees - said they would be suspending their participation in the transport strike over wages.
European markets were broadly lower at noon‚ with London’s FTSE 100 losing 0.25%.
Aluminium giant Alcoa is scheduled to report its earnings on Tuesday evening.
At 12:49 the JSE all share index was down 0.42% at 36 184.48 points‚ while the top 40 index had shed 0.38% to 32 061.40 points.
Financial shares had dropped 0.77% and industrials were off 0.64%‚ while platinum counters had lifted 0.70%.
"There is some caution ahead of the US earnings season‚ which investors will look towards for direction in the short term‚” said Satish Gosai‚ head of dealing at Kagiso Asset Management.
The rand clawed back some lost ground against the dollar after three unions - which represent approximately 15 000 employees - said they would be suspending their participation in the transport strike over wages.
European markets were broadly lower at noon‚ with London’s FTSE 100 losing 0.25%.
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