The JSE all share closed a little weaker on Wednesday as platinums and industrials pulled the market lower, while banks, financials and property stocks recovered. The all share closed above 60,000 points for the second consecutive session, but was off the day’s best level as the market struggled to find further upward momentum. Market heavyweight Naspers was down for the first time in four sessions. Banks were boosted by FirstRand and Standard Bank. General retailers were up despite another sharp drop in Steinhoff, after Reuters claimed in a report that the company did not tell investors about almost $1bn in transactions with a related company, as required by regulators in Germany, where it has a primary listing. The all share closed 0.17% lower at 60,078 points and the blue-chip top 40 lost 0.19%. Platinums dropped 1.09%, industrials 0.51%, and resources 0.06%. The gold index rose 0.90%, banks 0.82%, food and drug retailers 0.70%, financials 0.58%, and property 0.37%. In the absenc...
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