Off the wire
• IMF sees positive trends in Ukraine' s economy  • Thousands of Belgian military personnel protest pension reform  • Juppe dominates French primary vote despite losing momentum: survey  • Belarus economy 2.8% down in January-October  • Nigerian gov't says to re-organize oil sector  • Huawei highlights importance of partners to build smart cities  • Instability in Niger Delta a major concern for gov't: minister  • China sets up first information economy demonstration area  • European Commission to submit Jumbo Energy Package by end of 2016  • Central inspectors list local pollution problems  
You are here: 　 Home

JSE closes lower on Tuesday

Xinhua, November 16, 2016 Adjust font size:

The Johannesburg Stock Exchange (JSE) showed a divergent trading pattern on Tuesday, with money moving from diversified miners to financial stocks and retailers.

The JSE all share closed 0.61 percent lower on Tuesday, with 3.77 percent losses in resources weighing on the local bourse. Gold miners however gained 3.65 percent and financial shares rose 1.44 percent.

Financial stocks, particularly banks, rebounded, as did retailers, thanks to an improving rand.

The rand was trading at R14.14 to the U.S. dollar, R17.47 to the British pound and R15.16 to the euro at 5:00 p.m. (CAT).

Anglo American gave up 7.53 percent to R194 and BHP Billition surrendered 6.2 percent to R224.45. Kumba Iron Ore lost 9.69 percent to R155.79.

FirstRand rose 1.89 percent to R48.5 and Standard Bank added 3.35 percent to R145.69. Discovery was up 2.09 percent to 111.95. Woolies recovered 1.82 percent to R65.55. Endit