The JSE was lower at lunchtime on Friday, with geopolitical concerns keeping risk appetite at bay. North Korea has fired another missile over Japan, in a show of defiance to the international community, which recently slapped Pyongyang with sanctions after it conducted a nuclear bomb test earlier in the month. The all share was off 0.24% to 55,714.70 points, in line with global markets, but investors’ reaction appeared muted this time, suggesting that the move by the isolated nation was discounted to a degree. The underlying components on the JSE displayed a patchy performance, with a weaker rand not providing impetus to the local market, as is usually the case. Major European markets were mostly lower at midday, with a stronger pound weighing on the UK’s FTSE 100, in particular, with the index last seen down 1.05%. This may have been worsened by an explosion in a London underground station this morning, which injured as many as 22 people. UK officials are treating it as a terror at...
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