Johannesburg – SA stocks pulled back on Wednesday weighed down by defensive stocks as traders sold off shares in health care providers Netcare [JSE:NTC] and Mediclinic [JSE:MDC].
Johannesburg's Top-40 index lost 0.49% to 46 774, while the wider All-share index shaved off 0.45% percent to 52 891.
"There has been some major buying into defensive sectors over the past year," said Bernhard Grobler, the head of Investec stock broking.