The JSE closed firmer on Wednesday, with general retailers little changed, and food and drug retailers losing ground despite the release of improved data for the sector.

Statistics SA numbers showed the contraction in retail trade sales for August eased to 4.2% year on year, from July’s 8.6%, and better than Bloomberg’s expected 6.8%.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now