The JSE all share ended Friday lower, but still delivered its best one-week performance in 2018, amid exuberant trade following the election of Cyril Ramaphosa as head of state. The market found renewed support on Jacob Zuma’s exit, with his leadership having left a disastrous economic legacy, analysts say. The all share was dragged down by the continued correction in the property sector on Friday, but ended the week 5.76% higher. It closed 0.69% lower at 59,122.30 points on Friday and the top 40 dropped 0.87%. Property shed 2.6%, food and drug retailers 1.78%, financials 1.18%, banks 1.1% and general retailers 1.04%. Platinums gained 0.87% and the gold index 0.59%. FirstRand shed 2.22% to R73.68 and Capitec 1.09% to R820.94, but Nedbank rose 0.49% to R292.25. Discovery softened 1.95% to R176.59 and Liberty Holdings 1.79% to R126.39. Scandal-plagued Steinhoff shed 1.81% to R5.44, and Shoprite relinquished 2.79% to R253.62. Resilient closed 10.03% lower at R76.25, with the group expe...
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