Fin24

JSE slips as banks‚ platinums weigh

2012-11-23 13:37

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.