Local bourse opens lower on Wednesday morning, despite firmer European, Asian markets, as gold miners, banking shares tumble THE JSE opened lower on Wednesday, shrugging off firmer European and Asian markets as the selling of gold and banking shares put pressure on the market.European markets surged on Tuesday after the European Central Bank (ECB) said it would consider increasing its bond buying programme.Wall Street closed relatively flat on Tuesday with the Dow Jones industrial average managing to eke out another record close. An increase in US housing start-ups had investors contemplating whether the US Federal Reserve will hike interest rates earlier than expected.Asian markets mostly traded higher on Wednesday. The Nikkei touched a new 15-year high after data showed the Japanese economy grew by 2.4% in the first quarter. The Hang Seng was down 0.53%.At 9.41am, the all share was down 0.46% at 54,076.30 and the blue-chip top 40 lost 0.44%.Gold miners dropped 2.73% as risk-off se...
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