The JSE ended higher on Friday, in contrast to most global markets — particularly other emerging markets — which slipped as geopolitical concerns and uncertainty about US President Donald Trump’s long-term plans, caused investors to shy away from riskier assets. Trump sparked worries about global trade on Thursday after being quoted as saying he would renegotiate or terminate a trade deal with South Korea and that a major conflict with North Korea over its nuclear programme was possible, although he would prefer a diplomatic solution. Trade on the JSE on Friday was subdued ahead of a long weekend, with the markets closed on Monday for Workers’ Day. With Thursday also having been a public holiday, many local traders took Friday off. The market was also well off its intraday highs. When the local bourse closed, the Dow was down 0.1% at 20,959.63 points. The UK’s FTSE was off 0.28% and the German Dax 30 and the French CAC 40 were relatively flat. Spot gold was 0.19% firmer at $1,266.48...
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