JSE edges a little lower before release of US GDP numbers

The JSE edged lower on Friday morning, with miners under some pressure in what is expected to be a mostly subdued session.

The rand firmed a little overnight, but rangebound trade is expected before the US GDP print, the week's major economic release. There was some corporate news to give local stocks direction, with Pick n Pay down 2.43% to R69.97, despite reporting turnover growth of 7.1% in the 53 weeks ending March 3.

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