23 Nov 2012

JSE slips as banks‚ platinums weigh

I-Net Bridge

Johannesburg — The JSE slipped at noon amid some consolidation following yet another record peak on both the all share and top 40 indices on Thursday.

At 12:44‚ the All Share [JSE:J203] index was down 0.40% to 37 692.79 points‚ with the Top 40 - (Tradeable) [JSE:J200] index losing 0.47% to 33 456.02 points.

Banking and platinum shares lost 1.65% and 1.09%‚ respectively.

“It is profit taking on low volumes. I don’t foresee activity picking up due to the half-day trading session in the US‚” said Kyle Dutton‚ a dealer at Mercato Financial Services.

Leading European bourses were fixed in the afternoon session‚ with the UK’s FTSE 100 edging up 0.13% at 12:29 local time.

We live in a world where facts and fiction get blurred

Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.

Join News24 today

description

username

Show Comments ()