Futures track weaker JSE and as markets await French presidential election
South African futures ended lower on Friday after the JSE all share lost ground while the Dow Jones industrial average opened flat as investors await this weekend’s French presidential election.
Jitters following the terrorist attack in Paris on Thursday evening have caused some global risk aversion.
The Dow Jones was flat at the JSE’s close‚ with the Paris CAC 40 0.18% off. The German Dax had added 0.24%.
The all share closed 0.58% lower at 52‚194.60 points and the blue-chip top 40 dropped 0.51%. Platinums ended the day 2.10% lower and general retailers 1.17%. Property lost 1.07%‚ the gold index 0.70%‚ resources 0.68% and industrials 0.54%.
At 5.46pm‚ the local near-dated top-40 Alsi futures index was 0.69% lower at 45‚916 points. The number of contracts traded was 16,924 from Thursday’s 19‚328.