The JSE was higher on Tuesday morning, lifted by miners and retailer Shoprite, which surged despite reporting poor sales growth for the year to end-June.headline earnings per share for the year fell by 14.3%-20.3%, as labour costs rose due to new legislation and on higher rent and electricity costs.
Gold and platinum were flat at $1,425.25/oz and $880.46/oz, respectively, while Brent crude had risen 0.34% to $64.09 a barrel.Sibanye Gold was up 3.31% to R19.34 and Harmony 3.55% to R36.50. Some focus is also on US-China trade talks, which get under way in Shanghai on Tuesday. Locally, employment data for the second quarter is due at 11.30am.
Source: News Formal (newsformal.com)
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