The JSE fell on Wednesday, amid a general sell-off of emerging-market equities, although a falling oil price provided some relief for interest rate-sensitive shares.Losses were broad-based, with local news also somewhat downbeat on the day. Earlier, a monthly index of banking transactions showed a decline of 1.9% in the second quarter, its worst performance since 2013.The all share fell 1.37% to 57,231 points and the top 40 1.45%. Resources lost 1.67%, financials 1.35% and general retailers 1.29%.The local bourse reached an intraday low of 57,010 points, before paring losses.The rand was 1% weaker against the dollar during the course of the day, after US President Donald Trump threatened to slap an additional $200bn in tariffs on Chinese goods.Despite the sharp sell-off, markets were relatively calm, likely due to the fact it was just a proposal, said BK Asset Management MD Boris Schlossberg."The new proposed list of tariffs won’t take effect for another two months; hopefully this e...
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