JSE flat as oil pushes past $70 a barrel

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JSE flat as oil pushes past $70 a barrel
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The local bourse was little changed, with rising commodity prices and a weaker rand supporting miners, while banks and retailers were under strain

The JSE was little changed on Monday morning, with a weaker rand and rising oil price benefiting some stocks, but putting pressure on others.The rand was slightly weaker, but the major catalysts this week are only expected in coming days. Brexit, as well as US-China trade talks, continue to dominate the spotlight.

Platinum was up 1.37% to $913.86/oz and platinum 0.58% to $1,297.14. Brent crude was 0.23% higher at $70.56 a barrel. Mining and manufacturing numbers for March are due, however, on Wednesday, and will offer further detail on SA's economic performance in the first quarter of 2019.

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