The JSE was a little lower on Wednesday, weighed down in part by banks, as the rand extended its losses to the dollar. The weaker currency, however, played out favourably for some mining stocks, helping to limit overall losses on the bourse. Still, trading volumes were relatively light as many traders were still on leave. The all share was down 0.34% to 59,910.30 points at lunchtime, with banks shedding 1.43%. The weakness in the banking space, however, came off a high base, after the sector reached a record in December, following the ANC’s elective conference. "We are still keeping a very close eye on the rand, which is one of the key drivers of our local market," said Piru Harington, market analyst at GT Private Broking. Aspen Pharmacare shares dipped 2.98% to R242.68, its lowest point since February 2016. The drop in the share price came amid speculation that Viceroy Research was conducting a review of the pharmaceutical group. Viceroy recently conducted a review into Steinhoff I...
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