Friday, January 9, 2009

JSE Closing Report

The JSE closed the first week of 2009 in the red, falling global markets lower. The JSE All Share Index lost 20.88 points or 0.09% to end at 22 221 points with just over 235-million shares changing hands in 59 950 deals, worth more than R6.43-billion. Market breadth was bullish, with advancing issues leading those declining by 210 to 146. The Top-40 index of blue-chip shares dropped 45.28 points or 0.22% to finish at 20 111 points, while the Resource Index slipped 488.70 points or 1.18% lower to end at 40 851 points. The Gold Mining Index gave up 55.00 points or 2.40% to close at 2 236 points, but platinum stocks gained 2.77%. The banks and financial shares added 3.82% and 3.25%, respectively.