• Growing people

    What is the most powerful way to develop the capabilities of people at work? Ian Mann answers.

  • Wealth and poverty

    True riches would be to create a safe and satisfied community for all South Africans.

  • SABC shenanigans

    SA has already embarked on a slippery slope to autocracy, warns Terry Bell in Inside Labour.

All data is delayed
Loading...
See More

JSE follows world stocks higher

Jan 09 2013 11:25
I-Net Bridge
Johannesburg – The JSE edged up in early trade on Wednesday‚ taking its lead from world markets‚ after a positive start to the US fourth-quarter corporate earnings season last night.

At 9:34‚ the All Share [JSE:J203] index was up 0.17% at 40 222.14 points‚ with the Top 40 - (Tradeable) [JSE:J200] index up by the same margin at 35 691.76.
 
“The markets are still looking for the catalysts post the US fiscal cliff deal. The state of US corporate balance sheets will determine whether we get a further leg up or much-needed pullback. Markets have thus far welcomed Alcoa’s results‚ which kicked off the US earnings season‚” said Devin Shutte‚ a trader at stockbrokerage Newstrading.

The All Share index is up 2.57% so far this year.

Leading Asian shares were mostly higher on Wednesday‚ with Japan’s Nikkei average index rising 0.67% while Hong Kong’s Hang Seng index gained 0.44%.
 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

equities  |  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 SAVINGS ISSUE

Saving can make a lot of things possible, but we all know how hard it is to save. This special Savings Issue will help you get focused.
 

Money Clinic

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

Voting Booth

Have you experienced FNB’s outage problem?

Previous results · Suggest a vote

Loading...