The JSE closed weaker on Friday, ending a negative week with broad-based losses, despite firmer global markets.Trade tension was still in focus on Friday, but investors diverted their attention to the US’s second-quarter earnings season.The firmer rand failed to lift banks and retailers, and resources pulled back on the firmer currency as Brent crude recovered 1% to $75.16 a barrel. The platinum index tumbled nearly 5% as the platinum price dropped 1.6% to $826.23 an ounce.The Dow was up 0.35% at the JSE’s close moving above 25,000 points again. The FTSE 100 had risen 0.28% and the DAX 30 0.41%.The all share started the week on a high note on Monday, but gradually lost momentum as risk-off sentiment grew on global trade-war fears and as President Donald Trump threatened European leaders during his visit to the continent.Despite Trump slapping new tariffs on Chinese imports, exports from the world’s second-largest economy soared once again – by 11.3% -increasing the monthly surplus t...
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