Profit-taking halts promising run on JSE

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The new JSE logo. (Supplied)
The new JSE logo. (Supplied)

Johannesburg - Local investors on the JSE will see very little growth this year, as this week’s promising run on the back of strong global markets was brought to halt on Friday morning by some profit taking.

The mood did however change later in the morning and it seemed if the market’s upward momentum was restored, but the gains were still very modest.

By mid-morning the All-share index was again just above 50 000 points, a level last seen at the end of February this year. At that stage the index was 0.13% higher at 50 611 points, while the Top 40 index traded 0.14% softer at 43 955 points.

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14.05
0.0%
GBP/ZAR
19.67
0.0%
EUR/ZAR
17.10
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AUD/ZAR
11.03
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JPY/ZAR
0.13
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Gold
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