JSE flat as investors await release of mining figures for September

By: KARL GERNETZKY

The JSE was little changed on Thursday morning, with global markets subdued by US-China trade war jitters, while local focus is on mining data for September.

There is concern about SA’s third-quarter performance, with Statistics SA saying on Wednesday that retail sales increased just 0.2% year on year in September, missing market expectations of a rise of 1.9%.

Mining is expected to fall 2.4% year on year in September, an improvement from the 3.2% fall in August.

Global markets have been subdued by a lack of progress in the US-China trade war, with reports suggesting that there are disagreements between the two sides on a partial deal reached in October.

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