• Inside Labour

    Terry Bell explores the connection between poultry, poverty and desperation.

  • A new ANC sweeper?

    Have the Guptas' new auditors mastered how to look the other way on cue, asks Solly Moeng.

  • Strategy for the big boys

    Formulating strategy across the span of huge companies is a marathon, says Ian Mann.

All data is delayed
Loading...
See More

JSE hits another high

Dec 05 2012 14:22
I-Net Bridge
Johannesburg - The JSE hit yet another record peak on Wednesday‚ extending the rally in the all share index to nearly 20% since the start of the year.

At 12.29‚ the All Share [JSE:J203] index was up 0.66% to 38 243.58 points‚ with Top 40 - (Tradeable) [JSE:J200] gaining 0.74% to 33 974.43.

Platinums led the gains‚ rising 2.06%‚ while resources jumped a healthy 1.89%.

“We took a lead from Asian markets after a subdued session on Wall Street last night‚” said Ryan Wibberley‚ equity dealer at Investec Asset Management. “There is renewed speculation that China might take measures to stimulate its economy.”

Leading European markets were relatively firmer at noon‚ with the UK’s FTSE 100 rising 0.25%.

In Asia‚ Hong Kong’s Hang Seng index ended 2.16% in the black while China’s Shanghai Composite lifted 2.9% at the close.

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:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

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

Voting Booth

The drop in inflation:

Previous results · Suggest a vote

Loading...