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SA stocks edge lower, eyes on Fed

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The new JSE logo. (Supplied)
The new JSE logo. (Supplied)

Johannesburg - South African stock prices eased slightly on Wednesday as investors awaited a US central bank statement about the future of interest rates due after African markets close.

The Federal Reserve is expected to shed some light on how soon it plans to raise rates when its two-day meeting ends later in the day.

"The market is waiting for tonight's Fed minutes release and Chair Yellen's press conference," said Global Trader's Paul Chakaduka. "That should give more complexion or colour to the market."

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Rand - Dollar
18.97
+0.3%
Rand - Pound
23.73
+0.3%
Rand - Euro
20.37
+0.2%
Rand - Aus dollar
12.41
-0.1%
Rand - Yen
0.12
+0.9%
Platinum
925.20
-0.0%
Palladium
984.00
-0.7%
Gold
2,351.61
+0.8%
Silver
27.70
+1.0%
Brent Crude
89.01
+1.1%
Top 40
69,085
+1.0%
All Share
75,017
+0.9%
Resource 10
62,973
+1.4%
Industrial 25
103,625
+1.1%
Financial 15
15,857
+0.4%
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