Money SA economy
A lacklustre JSE ended flat on Monday amid a number of markets in the UK, Japan, China, Thailand and Vietnam closed for holidays.
The local bourse tracked the US in the afternoon session to a flat finish, having traded in the red for most of the day. The all share index ended flat, down only 0.02%, with resources 0.67% lower, and gold miners giving up 0.65%. Platinum miners added 0.69%. Banks were 0.66% firmer, financials added 0.54% while industrials were 0.37% firmer. Gold was quoted at $1,182.74/oz a troy ounce from $1,176.65/oz at the JSE's last close. Platinum was at $1,723.50/oz from $1,736/oz at the JSE's last close.
A local equities trader said: "There hasn't been too much to report on the local bourse, with international markets in the UK and Asia closed for holidays.
"We tracked the US in the afternoon amid some positive company results, with a gradual improvement on the local bourse throughout the day," he said.
Dow Jones Newswires reported that US stocks climbed early on Monday as deal activity and a slight increase in consumer spending helped broadly boost the market.
