All share index shows a slight rise
THE JOHANNESBURG Stock Exchange (JSE) closed slightly firmer on Friday as a sell-off in resource shares tumbled into a third straight session.
The all share index was 0.09 percent higher to 52 889.7 points at close on Friday.
The industrial index was unchanged and the resources index lost 0.77 percent.
The blue chip top 40 index was 0.08 percent firmer. The financial shares gained 0.96 percent.
Spot platinum price was up 2.59 percent at $955.14 (R12 211.90) an ounce while Brent crude slipped nearly 2 percent to below $50 a barrel.
The US created a modest 138 000 new jobs in May, down from 211 000 in April, while the unemployment rate fell to 4.3 percent, the lowest it has been in more than 16 years, federal economists reported Friday.
That would mean that the US Fed might not show any haste in a further repo rate hike.
Among some shares on the JSE, Anglo Gold Ashanti lost 2.2 percent to R144.05.
However, Northam Platinum regained 3.95 percent to R43.2. Naspers lost 0.94 percent to R2 669.73. Standard Bank was up 3.07 percent to R148.11, with Barclays Africa gaining 3.79 percent to R149. Old Mutual recovered 2.52 percent to R32.49. Spar Group added 0.32 percent to R160.77.