The JSE edged higher on Friday, lifted by a strong performance from rand hedges, although banks and retailers were under pressure from rand weakness.The week was volatile, with the local bourse losing 1.83%, its worst performance since March.The rand breached R15 to the dollar on Friday before paring losses, but remained under some strain after the EFF introduced a bill calling for the nationalisation of the Reserve Bank.The all share gained 0.15% to 56,647.5 points, and the top 40 0.19%. Platinum miners firmed 1.22% and industrials 0.28%. Gold miners lost 1.59% and banks 1.41%.Global stocks were subdued, with the focus on disappointing earnings, and further strain on the Turkish lira taking the edge off sentiment, reported Dow Jones Newswires. Focus in the coming week is likely to remain on Turkey and US-China trade relations. Officials from the two countries are set to meet during the course of the week, news of which recently provided some support for risk assets.Local economic f...
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