The JSE ended the Tuesday session down, as the stronger rand caused rand hedges to weaken and banks to firm.The banking index was at a record high for the year, as FirstRand and Standard Bank reached annual highs. Retailers rose, with the exception of Steinhoff and Steinhoff African Retail.Miners closed lower on a firmer dollar and slightly higher oil price. Brent crude was up 0.28% to $62.61 a barrel.The rand firmed to R13.4371 to the dollar in intra-day trade, before weakening marginally at the JSE’s close. Naspers led industrials lower and Steinhoff did the same for retailers.The all share closed 1.06% lower at 58,977.20 points and the blue-chip top 40 1.25%. The platinum index shed 5.02%, the gold index 4.64%, resources 2.64%, and industrials 1.44%. General retailers were up 2.01%, banks 1.9%, food and drug retailers 1.29%, financials 1.12%, and property 0.84%.Naspers ended the day 3.03% lower at R3,520.Global tech companies were under pressure, after enjoying a terrific run thr...
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