THE JSE closed in the red on Monday, taking its cue from lower global markets and awaiting a decision from eurozone finance ministers with regard to the next aid disbursement for Greece.

At 5pm, the all-share index was down 0.26% to 37,766.24 points after rallying nearly 3% last week.

Gold counters provided some upside gaining 1.05% on a stronger bullion price and banks shed some value in sympathy with off-shore banks coming off.

"It has been a fairly quiet and unexciting market after we had the monster rally on Black Friday," a local trader said.

Leading European stocks were trading weaker, with the UK’s FTSE 100 seen 0.50% lower at 4.49pm local time.

Meanwhile on the other side of the Atlantic, US stocks opened lower, taking a breath after strong gains in last week’s holiday-shortened week, as uncertainty over aid for Greece overshadowed what appeared to be a strong start to the shopping season, Dow Jones Newswires reported.

At 4.49pm local time the Dow Jones Industrial Average had shed 0.54%, to 12,939 points.

On the local front, among individual stocks, Gold Fields added 1.54% to R106.62 and AngloGold Ashanti tacked on 0.78% to R276.42.

Aquarius Platinum was down 4.57% to R6.05, while ArcelorMittal SA recovered 6.47% to R31.94 and Exxaro added 1.15% to R156.99.

FirstRand shed 1.53% to R28.93 and Capitec lost 2.08% to R200.00.

© BDlive 2012