JSE FTSE All Share Rises 120 Points Amid Power and Trade Pressures
The JSE FTSE All Share Index edged up 0.13% to close at 92,452.88 ZAR, demonstrating resilience despite dual pressures from domestic energy instability and global geopolitical tensions. Eskom’s load-shedding continues to cast a shadow over market sentiment, with analysts warning of potential supply shortfalls during the winter demand surge.
JSE Ltd shares fell 1.8% after hitting technical resistance, reflecting investor caution. Institutional traders are adopting defensive positions as U.S.-China trade frictions and ongoing conflicts amplify market uncertainties.