narrow band for most of the session, with Dow futures also pointing to a flat open.
At 12.08pm local time, the JSE all-share index was flat (+0,03%) at 34 115,46 points, held aloft by resources, which were 0,32 percent higher, with platinums gaining 0,43 percent but gold shares flat (0,03 percent).
Financials were down 0,19 percent, but industrials were flat (-0,07 percent) as were banks (+0,08 percent).
The rand was trading at R7,80 to the dollar, from R7,83 at the JSE’s close on Thursday.
Gold was quoted at US$1642,76 a troy ounce from US$1649,60/oz at the JSE’s previous close, while platinum was at US$1581,20/oz, from US$1582/oz at the previous session.
London’s FTSE 100 index was flat (0,03 percent) at 5 746,09 points at noon local time.
Dow Jones Newswires reported that gains in the European share markets were supported by a strong showing in banking stocks and an upbeat Ifo index reading, although gains were limited ahead of key decisions on an expansion to the International Monetary Fund’s resources at the weekend.
Earlier, Asian stock markets ended mostly lower as disappointing US economic data depressed demand, but the Shanghai market rose to a one-month high, boosted by expectations of further policy easing. China’s Shanghai composite index rose 1,2 percent while Japan’s Nikkei stock average fell 0,3 percent. — I-NET BRIDGE
Economy: Growth signs visible
Martin Kadzere Senior Business Reporter ZIMBABWE has made significant progress towards achieving upper-middle-income status, with the country’s Gross National Income per capita growing by 84 percent since 2021, Finance, Economic…



