JSE loses ground
3 November 2009
The JSE ended 248 points weaker on Monday as the dollar weighed on commodities but a weak rand prevented a steeper fall.
At 5.00pm the JSE all share index had weakened 0.94%, with resources flat, down 0.09% and platinum producers down 2.77%.
Financials were 1.86% lower and industrials lost 1.37%.
Anglo American plc was up one rand to 293 rand and BHP Billiton edged up 20 cents to 216.11 rand.
Petrochemicals group Sasol lost 2.30 rand to 293.50 rand.
Kumba Iron Ore lost 7.25 rand, or 3.07%, to 228.75 rand, Highveld Steel fell by two rand, or 3.08%, to 63 rand and ArcelorMittal gave up 1.70 rand, or 1.60%, to 104.80 rand.
Anglo Platinum fell 32.39 rand, or 4.74%, to 651.65 rand and Impala Platinum was off 3.30 rand, or 1.89%, to 171 rand, but Lonmin gained 3.75 rand, or 1.95%, to 196.25 rand.
Standard Bank weakened 1.70 rand, or 1.73%, to 96.50 rand, Nedbank lost 2.40 rand, or 2.03%, to 116 rand, Absa fell 2.01 rand, or 1.61%, to 122.50 rand and FirstRand was off 54 cents, or 3.04%, to 17.25 rand.
Construction group Aveng lost 1.74 rand, or 4.17%, to 40.01 rand, Murray & Roberts was off 1.28 rand, or 2.27%, to 55.10 rand and WBHO declined two rand, or 1.75%, to 112 rand.
MTN Group shed 2.89 rand, or 2.46%, to 114.61 rand, Telkom slipped 1.19 rand, or 2.70%, to 42.81 rand and Vodacom gave up 1.53 rand, or 2.81%, to 52.87 rand.
