Off the wire
• Netherlands closer to legalizing growing weed  • UN honors Chinese peacekeeping force in Liberia  • World Bank says policy uncertainty weighs on trade growth  • Fleeing Boko Haram fighters relocate to central Nigerian state: governor  • Nairobi bourse regains on increased foreign inflows  • News Analysis: Italian taxi drivers' anti-Uber protest may harm taxi sector itself  • Chinese State Councilor urges China, U.S. to step up ties  • China's air quality worsens in January  • 2nd LD-Writethru: CPC meeting discusses draft government work report  • Ghana to launch agric project for food security and jobs  
You are here: 　 Home

S. African stocks close higher on Tuesday

Xinhua, February 22, 2017 Adjust font size:

The Johannesburg Stock Exchange (JSE) was trading rather patchily on Tuesday with industrials and financial shares tumbling and offsetting gains in the resources sector.

The all share index was firmer 0.05 percent at 52,586.61 at the close of session on Tuesday, as industrials dropped 0.03 percent and banks lost 1.13 percent.

Investors seem to have a wait-and-see attitude globally as they ponder on U.S. President Donald Trump's economic policy directions.

AngloGold Ashanti shed 0.48 percent to R165.04 as it paid its first dividend in three years.

Banks continued to droop, with FirstRand down 2.62 percent at R50.18 and Barclays Africa was 0.66 percent lower at R160.27.

Shoprite and Steinhoff attracted support for the second session amid plans to halt Christo Wiese's merger deal.

Shoprite climbed 3.52 percent to R194.62, also assisted by half-year results in which it increased diluted headline earnings a share 15.5 percent. Steinhoff rose 2.7 percent to R72. Endit