Loading...

Resources underpin JSE strength

Dec 18 2012 14:39
I-Net Bridge

Johannesburg – The JSE remained on the front foot at noon‚ supported by resources.

At 12.31‚ the All Share [JSE:J203] index was up 0.41% to 38 834.04 points‚ again in record territory‚ with the Top 40 - (Tradeable) [JSE:J200] index gaining 0.48% to 34 440.69 points - resources lifted 1.61%.

“The US fiscal cliff talks remain a dominant backdrop to investor sentiment. Hopes of US Congress reaching a settlement lifted US stocks‚ which in turn‚ boosted world markets‚” said Ryan Wibberley‚ equity dealer at Investec Asset Management.

Leading European shares were mostly higher at noon‚ with UK’s FTSE 100 up 0.41%.

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...

Calling all social entrepreneurs - apply for The Venture now!

Are you running an innovative social business that's helping to create a better future? Then pitch for a share of The Venture’s $1m fund and receive world-class mentorship to help accelerate your business growth.
 

Money Clinic

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

Voting Booth

New SAA board now has an aviation expert

Previous results · Suggest a vote

Loading...