Johannesburg - The rand weakened on Friday in thin trade with US markets closed for Thanksgiving Day holiday, while stocks were set to edge lower along with emerging market peers.
The JSE's Top 40 futures index was down 0.28%, indicating the index would open 133 points lower.
By 08:45 the rand had weakened 0.13% to R14.3100/$, a fresh one-week low, extending the previous session's losses when the unit retreated more than 1% as emerging market currencies globally took a hit.
With little local data due in the session, combined with the lack of liquidity, traders expected the currency to drift weaker.
"It is fair to say that the US holiday would have contributed to thinner than normal liquidity and exaggerated moves," currency strategist at RMB John Cairns said in a market note.
"Even if we get some gains today, the rand will be going into next week at worrying weak levels."
Government bonds were also weaker, with benchmark issue due in 2026 adding 2.5 basis points to 8.54%.
Rand - Dollar
18.81
+1.1%
Rand - Pound
23.49
+1.3%
Rand - Euro
20.11
+1.4%
Rand - Aus dollar
12.28
+0.9%
Rand - Yen
0.12
+2.4%
Platinum
922.60
-0.3%
Palladium
959.50
-3.1%
Gold
2,336.57
+0.2%
Silver
27.26
-0.6%
Brent-ruolie
89.01
+1.1%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.3%
All JSE data delayed by at least 15 minutes
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