JSE struggles for traction along with global markets
Local bourse hardly changed ahead of US inflation data, which has left ‘markets in limbo’, says Oanda analyst Jeffrey Halley
10 June 2021 - 11:52
The JSE struggled to find traction after opening slightly higher on Thursday, signalling a degree of caution before the release of US inflation data later in the afternoon.
Diversified mining stocks steadied after a recent fall left the resource 10 index 10% below its May 10 high amid the broad retreat in commodity prices. Insurance stocks and banks sagged after a relatively solid session on Wednesday...
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