South African equities ended mostly flat, with the JSE FTSE Top 40 Index at 84,542.98. The market showed mixed sector performances; 13 out of 20 sectors declined, notably electronic technology and utilities. Gains were seen in technology services and communications. Key stocks like Naspers and Gold Fields gained slightly, while several financials faced declines. Global trade conditions, including U.S. tariffs and South Africa's geopolitical shifts, could impose challenges, potentially keeping equities stable but cautious in the near future as the country strengthens ties with China, complicating relationships with the West.
South African equities closed largely unchanged amid geopolitical and trade-related uncertainty, reflecting investor caution and mixed sector performance.
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