Money SA economy
The JSE ended flat on Friday amid hesitant global markets, seemingly unconvinced by news of a potential deal by European leaders to support Greece.
A local trader pointed to light volume traded on the day.
At 5pm, the JSE all share index had inched 0.10% higher, with resources up 0.49%, while platinum miners eked out 0.13%. Gold miners subsided 0.58%.
Banks gave up 1.33%, financials declined 0.56%, but industrials were flat, up 0.03%. Gold was quoted at $1,096.11 a troy ounce from $1,092.41/oz at the JSE's last close. Platinum was at $1,592.50/oz from $1,597.50/oz at the JSE's last close.
A local trader said: "It has been a flat day of trade, with volume light. News abroad is that European leaders have tentatively reached an agreement to help Greece, but markets are seemingly unconvinced."
Dow Jones Newswires reported US stocks opened higher on Friday, led by financials after European leaders agreed on a deal to support Greece if necessary and materials strengthened as the dollar slipped.
On the JSE, Anglo American was R3.46 or 1.13% richer at R309.90 and BHP Billiton gained 29 cents to R249.40. Sasol picked up R5.88 or 2.04% to R293.39.
