Money SA economy
The JSE was mixed at noon on Tuesday, with mining stocks rising across the board and other counters such as banks and industrials weakening.
By 12.01pm local time the JSE all share index had lost 0.22%, with banks down 1.36%,financials declining 0.99%, and industrials falling 0.38%. Resources were 0.33% stronger, platinum counters rose 0.32% and gold shares rallied 1.36%. Gold was quoted at $1 186.03 a troy ounce from $1 184.40/oz at the JSE's previous close, while platinum was at $1 588.50/oz from $1 588.00/oz before.
A trader said the key index was generally weaker, while individual indices were mixed.
The trader said the local market was tracking US futures, which were trading weaker.
The US is releasing personal income and spending data later on Tuesday and it is widely expected that it will reflect a slowdown in US consumption growth.
Dow Jones Newswires reported that Asian stock markets were mostly higher on Tuesday with financials and commodity plays rising, but China's market took a breather after its recent run-up.
The FTSE 100 was last 0.28% lower.
On the JSE, Anglo American Plc added R1.16 to R304.15, and BHP Billiton gained 27 cents to R233.96. But Sasol shed R1.00 to R296.50.
