The JSE opened marginally weaker in mixed trade on Wednesday, as global miners softened on the rand. General retailers were early leaders, following Shoprite’s upbeat interim update on Tuesday, with Woolworths following suit. Property stocks took a breather after gaining in the previous session. Gold shares benefited from a weaker dollar in overnight trade, but the greenback regained some lost ground early on Wednesday. The gold price was down 0.3% to $1,344.44/oz. The market followed a flat close on the Dow, which could not hold above 26,000 points after rocketing more than 1% soon after the market opened. Asian markets trended weaker, with the Nikkei 225 losing 0.35% and the Hang Seng 0.07%. The rand was range-bound after breaking through to R12.19/$ on Tuesday, the best level in two-and-a-half years, but was weaker at R12.3190/$ on Wednesday morning. "We did not see any real follow-through after the resistance level was broken," Nedbank Corporate and Investment Banking (CIB) anal...
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