• Inside Labour

    Away with empty rhetoric and slogans - labour needs to focus on real issues, says Terry Bell.

  • Wrap-up: Davos insights

    Alec Hogg speaks about the top three issues at this year's World Economic Forum.

  • Netflix and SA video

    Much of Netflix's potential impact on SA has already been made, says Arthur Goldstuck.

Loading...
See More

Industrials prop up JSE

Nov 12 2012 14:32 I-Net Bridge

Related Articles

JSE a tad higher‚ industrials lead

JSE extends losses on global stocks

JSE lower but gold index rebounds

JSE softer‚ awaiting local data

Softer world markets drag down JSE

Gold index pulls JSE higher

 
Johannesburg - The JSE traded within a narrow range at noon‚ with industrial shares such as Richemont‚ Naspers‚ and Vodacom keeping the market in the black.

At 12:32‚ the JSE All Share [JSE:J203] index was up 0.26% to 37 442.33 points‚ with the Top 40 - (Tradeable) [JSE:J200] index adding 0.32% to 33 227.68. The industrial index lifted 0.86% but platinum stocks gave up 1.27%.

“There is no real sense of direction for our markets. Investor sentiment across Asia and Europe also looks fragile due to worries about the debt-funded US economy‚ which we think is unsustainable‚” said Jean Hamann‚ portfolio manager at Körner Perspective.

Leading European stocks were mixed at noon‚ with London’s FTSE 100 gaining 0.15%.

Among individual shares on the JSE‚ Richemont was up 3.73% to R60.60 and Naspers gained 1.94% to R555.04.

Vodacom jumped to 3.52% to 114.80‚ a new all-time high after the mobile service operator reported a rise in diluted headline earnings per share in the six months ended September to 394.6 cents‚ from 322.2 cents a year ago.

Aquarius Platinum was down 2.07% to R5.69 and Harmony Gold Mining lost 2.57% to R72.15.
jse  |  markets  |  stocks

NEXT ON FIN24X

 

Latest Articles

Fun and inexpensive things to do with the kids Read More...
8 simple ways to earn extra money Read More...
6 motivational tips to help you save this year Read More...
Invest for Income Read More...
 
 

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
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

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