Johannesburg Stocks Dragged Down by Resources, IT, Platinum

Equities at the Johannesburg Stock Exchange (JSE) on Friday ended lower on the back of resources, information technology (IT) and platinum counters.

Also weighing on the local bourse was the fact that international markets were weaker.

At 1600 local time (1400 GMT time) the benchmark JSE all-share index closed down 0.65 percent, the resources index was 2.17 percent lower, the industrial index lost 0.38 percent, the IT index tumbled 3.98 percent and the platinum index fell 0.98 percent.

However, the financial index climbed 1.2 percent and the all- gold index added 0.47 percent.

Value was traded at about 3.684 billion rand (about 460 million U.S. dollars) with 316.900 million shares changing hands.






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