The JSE was little changed on Wednesday morning, as investors waited for the key event this week — US Federal Reserve policy signals on interest rates and the future of its R4.5-trillion balance sheet. Precious metal miners continued to slip, while Sasol plunged more than 5% after earlier reporting a new R21bn empowerment scheme. Locally, inflation data for July is due and is expected to come in higher than in June. The inconsistent tone and lack of outright direction on global markets stemmed largely from a degree of nervousness and uncertainty ahead of the Fed policy statement, said Momentum SP Reid Securities analysts. European stocks could edge lower on Wednesday, although opening losses were expected to be minor as markets were on hold, reported Dow Jones Newswires. At 9.30am the all share was off 0.16% to 55,921 points and the top 40 0.22%. The platinum index was down 1.01% and resources 0.82%. Banks added 0.23%. Petrochemical group Sasol dropped 2.14% to R378, after announcin...
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