adminAt noon the JSE all share index was 0,24 percent lower at 40 364,62 points, with the top 40 index falling 0,37 percent to 35 947,18 points.
Retailers remained under pressure, with the index off 1,12 percent, and financials dropped 1,2 percent.
On other markets, London’s FTSE 100 index was down 0,49 percent at 11.57am.
Among individual shares on the JSE, Lonmin added 7,67 percent to R48,45, while Harmony Gold lost 2,39 percent to R60,50.
Although there was some relief, retailers continued Wednesday’s downward turn on concern that growth in the sector is moderating.
Shoprite was down 1,91 percent at R166,26 and JD Group gave up 2,41 percent to R40,01.
Cashbuild continued its slide, losing 4,16 percent to R131, having lost more than 8 percent of its value yesterday due to a negative trading update.
Poultry producer Astral Foods recovered marginally but was still down 4,2 percent to R90 after shedding more than 7 percent on Wednesday.
This was following its warning that it expected its headline earnings per share
in the six months to March to drop by between 75 percent and 95 percent from a year earlier.
In financials, Sanlam was off 1,85 percent at R45,55. – BusinessDay.
Online Reporter