Money SA economy
The JSE closed in the red on Thursday amid some profit taking and continued concerns over Greece's credit woes, according to a local trader.
At 5pm, the JSE all share index was down 0.77%, with resources giving up 0.2%, and platinum miners ended 0.58% lower. Gold miners however, improved 0.28%.
Banks were 2.52% weaker, financials were off 1.6% and the industrial index shed 0.96%. Gold was quoted at $1,150.39/oz from $1,144.68/oz at the JSE's last close. Platinum was at $1,710/oz from $1,714.50/oz at the JSE's last close.
A local trader said: "We have seen some profit taking today, while Greece has reared its ugly head again. The local bourse has also tracked weaker emerging markets."
Dow Jones Newswires reported US stocks opened lower Thursday, hurt by a surprisingly large rise in weekly jobless claims and worries about Greece's credit woes.
