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JSE closes weaker, pulled down by financial shares

Xinhua, September 2, 2016 Adjust font size:

The Johannesburg Stock Exchange (JSE) closed on Thursday weaker, with losses in financial shares.

The JSE all share ended 0.19 percent lower at 52.631.33 points, with losses led by financial shares, but Gold miners gained 1.79 percent.

The top 40 nudged up 0.20 percent as the platinum index rallied 4.95 percent.

Platinum stocks outperformed, thanks largely to well-received financial results from Impala Platinum, which drastically cut its full-year loss.

Impala Platinum Holdings climbed 9.53 percent to sell at R61.84.

The rand was trading at R14.68 to the U.S. dollar, R19.47 to the British pound, and R16.43 to the euro at close of session. Endit