The JSE was slightly weaker at midday on Friday in cautious trade ahead of the ANC’s national executive committee (NEC) meeting at the weekend and the pending credit rating opinion of ratings agency Moody’s. The ANC NEC is expected to discuss the removal of President Jacob Zuma at the meeting. Nedbank analysts said although some market participants expected news regarding the president, "history would suggest that this scenario [the president’s removal] was highly unlikely, and the possibility of a Moody’s announcement has the markets slightly cautious this morning". The Dow Jones industrial average closed 0.34% higher on Thursday, while Asian markets ended mixed on Friday The Shanghai Composite and the Hang Seng were flat, while the Nikkei 225 lost 0.64%. At noon the all share was down 0.24% to 53,899.1 points the blue-chip top 40 0.26%. The gold index gained 1.09%, while banks shed 1.24% and resources 0.38%. Food and drug retailers gained 1.01% while general retailers were down 0....
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