Money SA economy
The JSE closed in red territory on Friday as a result of some profit taking.
The local bourse ran hard on Thursday amid a futures closeout, which saw in excess of 470 million shares traded during the course of the day.
At 5pm, the JSE all share index had given up 0.91%, with resources 1.4% softer. Gold miners were down 0.56% and platinum miners declined 0.51%.
Banks were 1% worse off, financials dropped 0.45% and industrials moved 0.64% lower.
A local trader said: "We have seen a bit of profit taking and squaring of positions ahead of the weekend.
The local bourse pushed hard yesterday during the futures closeout."
The trader noted volumes were light, while there was very little lead from global markets.
Dow Jones Newswires reported US stocks fell in choppy trading on Friday as resurrected concerns over financial aid for Greece perturbed investors, driving up the dollar.
The Dow Jones Industrial Average was down 26 points, or 0.2%, to 10753 in recent trading.
Financial stocks also slipped amid new criticism from government officials that the current draft of new financial regulations may still be too permissive.
On the JSE, Anglo American was R7.42 or 2.43% lower at R298.50 and BHP Billiton declined R4.28 or 1.73% to R243.25. Sasol gave up 80 cents to R284.50.
