The JSE concluded a generally negative week by closing lower on Friday, with a weaker rand lifting rand hedges and some miners, while banks came under pressure. Global markets were jittery throughout the week due to ongoing concerns regarding the prospect of a global trade war, while local economic news was generally positive during the week. Retailers and insurance stocks held up well on Friday, despite a weaker rand. Investors were expected to be cautious going into the weekend, as political headlines out of Washington continue to rattle markets, and ahead of key risk-events next week. The week could see the implementation of further tariffs against China, with analysts saying trade-war fears continued to keep a lid on gains in equity markets. Extensive tariffs imposed by the US would have a significant knock-on effect on emerging-market economies, including SA, said Capital Economics analysts. The all share fell 0.18% to 58‚101 points and the top 40 0.37%. Banks fell 0.88%‚ plati...
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