South African futures closed firmer on Monday, tracking gains in the JSE which were led by industrial heavyweight Naspers.The all share closed 0.38% higher at 54‚368.60 points and the blue-chip top 40 added 0.54%.General retailers rose 0.84%‚ industrials 0.71%‚ property 0.53% and banks 0.45%.Platinums shed 2.45% and food and drug retailers 0.65%.European stocks fell on Monday, with shares of German auto makers and oil producers among those pushing the market toward a two-week low, reported Dow Jones Newswires.This followed a report that Volkswagen had asked Europe’s antitrust watchdog to investigate decades of co-ordination efforts by the Germany’s main auto manufacturers.The Dow opened lower, as investors process corporate earnings and waited for the US Federal Reserve meeting to conclude on Wednesday, the newswire said.At 5.40pm the FTSE 100 was down 1.23% and the DAX 0.26%. The CAC 40 had gained 0.21%. The Dow was down 0.33%.At the same time the rand was at R12.9596 to the dollar...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.