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JSE All-share index hits record high

Jan 17 2012 09:38 Reuters

Company Data

All Share [JSE : J203]

Last traded R33,104.06
Change R111.81
% Change 0.34%
Cumulative volume 0
Market cap R0.00

Last Updated: 28/05/2012 at 17:43. Prices are delayed by 15 minutes. Source: McGregor BFA

 

Anglo [JSE : AGL]

Last traded R265.30
Change R3.41
% Change 1.30%
Cumulative volume 2.72m
Market cap R356.29bn

Last Updated: 28/05/2012 at 17:43. Prices are delayed by 15 minutes. Source: McGregor BFA

 

Top 40 [JSE : J200]

Last traded R29,189.72
Change R115.53
% Change 0.40%
Cumulative volume 0
Market cap R0.00

Last Updated: 28/05/2012 at 17:43. Prices are delayed by 15 minutes. Source: McGregor BFA

 

Implats [JSE : IMP]

Last traded R137.41
Change R3.51
% Change 2.62%
Cumulative volume 1.09m
Market cap R86.80bn

Last Updated: 28/05/2012 at 17:43. Prices are delayed by 15 minutes. Source: McGregor BFA

 

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Share Share line Print

Johannesburg - The All-share index hit a lifetime high in early trade on Tuesday, as commodity firms such as Impala Platinum Holdings [JSE:IMP] ticked higher, tracking gains in global equities after upbeat economic growth data in China.

By 07:37 GMT, the All Share [JSE:203] index, the broadest measure of South African stock market performance, was up 0.65% at 33 422 29, above its previous record of 33 334.55 set 11 months ago.

“Last year was a nothing year so a lot of money has been sitting on the sidelines. It’s January, a lot of money is looking to come into the market even with worries about Europe,” said Nick Kunze, a head of dealing at BJM Securities.

“The reporting season at home and in the United States would determine if there’s a real momentum behind these gains.”

The All Share index is up nearly 5% so far this year, after a flat 2011.

The benchmark Top 40 - (Tradeable) [JSE:J200] index was up 0.74% at 29 857.08, still well below its record high of 31.393.10 set last year.

Shares of commodity companies rose, as the slightly better-than-expected Chinese economic data convinced investors that resources will continue to be helped by demand for the world’s No 2 economy.

Diversified miner Anglo American [JSE:AGL] rose 1.4% to R324.98 and platinum producer Impala Platinum advanced 1.3% to R170.20.

China’s gross domestic product grew at an annual rate of 8.9% in the fourth quarter, its weakest in two-and-a-half years and slowing from 9.1% in the previous quarter, but it beat expectations for an 8.7% rise.

 

 
 
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