JSE ends little changed, although retailers firm after a positive week
The JSE closed flat but with a firmer bias on Friday, having registered a positive performance for the week, in what was mostly a lacklustre trading session.The dollar firmed after US markets opened, with analysts having expected a recovery in the greenback as investors locked in recent profits.In the absence of major data releases, either locally or internationally, focus was instead on geopolitical events and individual corporate news.Geopolitical risk had eased, but risk assets were still under some pressure, analysts said, as corporate earnings season in the US continued.The Dow opened lower on Friday, amid some pressure on equities in general, as technology shares continued to be sold off.Much local focus was on the Steinhoff International AGM, with its share price having collapsed over the past few months due to accounting irregularities reported late in 2017. On the day it gained 1.95% to R2.61, with shareholders at the meeting having been told earlier that an investigation i...
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