The JSE closed weaker on Monday, led by mining stocks, which came under pressure from a stronger rand and weak commodity prices. The rand tracked a stronger euro, adding to pressure on the resources index, which ended the day down 1.2%. The all share closed 0.42% down to 51,288.7 points while the blue chip top 40 lost 0.54%. Platinum miners lost 1.76%, the gold index 1.68%, industrials 0.53%, resources 1.20%‚ food and drug retailers 0.66% and industrials 0.53%. Banks gained 1.48% and financials 0.41%. AngloGold Ashanti lost 1.63% to R134.88, Gold Fields 2.68% to R45.42 and Harmony 1.86% to R21.16. AngloAmerican Platinum lost 2.73% to R288.40 and Impala 1.27% to R35.05. Standard Bank gained 2.45% to R143.80 and Nedbank rose 1.82% to R209.75. After final yearly results that pleased the market, Naspers ended the day 0.83% down to R2,616.65 In early evening trade the rand was at R12.835 to the dollar from Sunday’s R12.9209. The dollar lost ground against the euro, and European markets r...
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