$JSE The JSE found a firmer footing after the initial open, before drifting into the US open, where a firm dollar and elevated yields saw golds and PGMs come under pressure, driving volatility across the resources complex. Despite this, Harmony and Sibanye led the gains, bouncing off recent weakness. On the downside, MTN was the worst performer, with broad-based selling in miners including Gold Fields, Kumba, Northam and Implats. Oil rose 1% on the day, but Sasol was not among the leaders, closing down 0.90%. With rate cuts now firmly off the table and growing chatter of potential hikes, positioning took centre stage ahead of today’s quarterly index rebalancing after market close, which contributed to elevated trading activity. Roughly R78bn traded on the day, with the market finishing down 0.6% at the day’s lows, and the rand closing at R16.98/$.