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Johannesburg - The JSE opened marginally firmer on Thursday morning with gains in resource counters being tempered by losses in industrials.
At 9:35‚ the JSE All Share [JSE:J203] index was up 0.3%% at 40 579.47 points‚ propelled by 0.99% rise in resources‚ with the gold and the platinum indices adding 1.77% and 0.83% respectively.
Gold was little changed at $1 470.98/oz while platinum edged up 0.11% to $1502.70/oz.
Shares in gold miner Sibanye Gold (SGL) which released its first trading update yesterday‚ were up 2.33% to R8.79. Yesterday the stock added 4.88% on the day. Gold Fields (GFI) and Harmony (HAR) gained 2.32% to R62.26 and 2.24% to R42.94 respectively.
Platinum counters were mixed‚ with Impala Platinum (IMP) and Lonmin (LON) up 1.12% to R116.90 and 1.13% to R42.01‚ while junior miners were down with Northam (NHM) giving up 0.16% to RR32.19 and Aquarius (AQP) down 0.76% to R6.56.
After a strong run yesterday‚ British American Tobacco (BTI) lost 0.72% to R513.30 as did SABMiller (SAB) which was down 0.88% to R508.79. Barloworld (BAW) bucked the trend to gain 2.53% and trade at R101.50.
Among individual shares‚ Sappi (SAP) gave up 4.28% to R24.60 after the company reported basic earnings per share of 1 US cent for the quarter ended March 2013 compared with 11 cents for the March 2012 quarter and 3 cents in the previous quarter ended December 2012.
