• Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

  • The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

All data is delayed
Loading...
See More

Gold stocks lead JSE firmer

Nov 29 2012 10:30
JSE

Johannesburg - The JSE lifted to within a whisker of its record peak on the all share index at the opening on Thursday‚ amid positive global sentiment.

At 9:41pm‚ the All Share [JSE:J203] index was up 0.82% to 37‚746.94 points‚ with the Top 40 - (Tradeable) [JSE:J200] index gaining 0.89% to 33‚522.74. Gold stocks surged 3.96%.

“It is a reverse in global sentiment after equities sold off on Wednesday on fear about the US fiscal cliff‚” Sasfin Securities director David Shapiro said.

The latest optimism was fuelled by John Boehner‚ the House Speaker and effective Republican leader in the negotiations‚ when he expressed optimism on Wednesday that a deal on the US fiscal cliff of spending cuts and tax increases could be reached‚ RMB analysts said.

Asian markets were broadly firmer on Thursday‚ with Japan’s Nikkei 225 up 0.99%.

 
jse  |  markets

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Would you take out a payday loan?

Previous results · Suggest a vote

Loading...