• Conflict over water, coal

    SA's leaders have upped their support of the water-intensive coal industry, says Keith Schneider.

  • Cost of doing business

    The world can't afford the $4.7trn a year in environmental costs of business, says Mandi Smallhorne.

  • Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

All data is delayed
Loading...
See More

JSE touches new lifetime high

Nov 30 2012 14:54
Reuters

Johannesburg - South African shares hit fresh record highs as the rand softened to near a two-week low on Friday following worse-than-expected trade figures.

The Top 40 - (Tradeable) [JSE:J200] index added 0.3% to 33,766.91 and the All Share [JSE:J203] rose 0.2% to 37,994.

A weak rand is positive for resource companies, which earn in dollars but pay local obligations in the rand.

 

Follow Fin24 on Twitter and Facebook

rand  |  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 DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

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

Voting Booth

The upcoming petrol price hike is:

Previous results · Suggest a vote

Loading...