Trade on the JSE on Friday was subdued ahead of the Workers’ Day long weekend, though it ended higher compared to most global markets, particularly other emerging markets. Geopolitical concerns and uncertainty about US President Donald Trump’s long-term plans caused investors to shy away from riskier assets. Trump sparked concern on Thursday after saying he would renegotiate or terminate a trade deal with South Korea and that a major conflict with North Korea was possible, although he would prefer a diplomatic solution. On the JSE, the all share closed 0.25% higher at 53,817.3 points and the blue-chip top 40 gained 0.19%. Platinums stocks were the main benefactors on the day, gaining 0.75%, while industrials added 0.47%, and the SA property index 0.49%. Gold miners shed 0.86%, with resource stocks losing 0.45%. Among individual stocks, BHP Billiton lost 1.54% to R203.05 while Anglo American gained 1.7% to R191.92. Sasol was 1.39% off at R140. British American Tobacco gave up 0.7% to...
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