The JSE crept into positive territory at lunchtime on Thursday, as relative calm returned to global share markets following volatility earlier in the week. The all share index was slightly higher at 52,130.20 points as diversified miners such as Anglo American recovered from Wednesday’s sell-off, which resulted in the all share falling as much as 2%. Trading took its cue from overseas exchanges that were increasingly concerned about the prognosis of US President Donald Trump’s pro-growth policies. The London FTSE was relatively flat (0.02% higher) following Wednesday’s attacks and the consequent high alert. On the JSE, trade in banking and broader financial stocks was patchy, as was the retail sector despite the stronger rand environment. The rand touched R12.51 to the dollar earlier in the day, the best since 2015, holding back big-cap industrial stocks Still, trading volumes were relatively light, with the total value of shares traded hovering at about R3.2bn by midday, which was ...
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