A lack of clear direction in global markets and renewed weakness in the rand weighed on the JSE on Wednesday, but the local bourse ultimately closed higher for the 10th-consecutive session.Local banks and food and drug retailers lost the most, with both indices falling about 2%, as the rand weakened while oil prices rose.Global markets were awaiting further clarity from ongoing trade talks between the US and Canada, with analysts saying that signals from both sides pointed to a desire to expedite a solution.Some pressure on interest rate-sensitive shares also came from a rising oil price, with Brent crude having climbed above $76, lifted somewhat by market concerns over Venezuelan production.Corporate news was mixed, but Steinhoff International surged 25% to R2.75, after it told parliament it intended to release restated results for its 2017 financial year by the end of December. Its 2018 results are expected by the end of January.The all share rose 0.21% to 60,165.5 points and the ...
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