The JSE weakened on Thursday morning, in line with lower Asian and European markets, with investors remaining wary of a global economic slowdown. Disappointing eurozone data on Wednesday brought concerns about the global economy to the fore. US markets weakened overnight while the Shanghai composite was 2.43% lower in Asian trade on Thursday. A rising oil price is also generating some jitters, pushing to a 2019 high on Thursday as tensions between the US and Iran escalate. Iran has threatened to close the Strait of Hormuz in retaliation for US sanctions aimed at reining in its nuclear programme. At 10.02am the all share was down 0.5% to 58,809.8 points and the top 40 0.55%. Gold miners had added 1.46% while industrials lost 0.79%. Brent oil had jumped 0.97% to $75.20 a barrel. Platinum was up 0.36% to $886.44/oz and gold 0.18% to $1,277.79. Rand hedge AB InBev was down 1.32% to R1,269.95 and British American Tobacco 1.33% to R562.40. Long 4 Life gained 3.71% to R4.75. It said earli...
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