Monday, September 26, 2022

Markets

GoldMarketsSouth Africa

JSE scraps gold, platinum indexes

The Johannesburg Stock Exchange (JSE) has discontinued some major market indices, including the closely watched gold index, to reflect the change in prominence of some companies and sectors in the economy, it said on Tuesday. The JSE Ltd follows international standards of classification of sectors and it modified some indexes to reflect a more realistic and detailed evolution across sectors, JSE said in an emailed response to Reuters. Under the modified index, it has decommissioned gold and platinum indexes and has moved all of them, including diamond mining companies, under...