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SA stocks hit record high, Woolworths extends gains

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The new JSE logo. (Supplied)
The new JSE logo. (Supplied)

Johannesburg - SA stocks ended higher on Friday, helping the broader index notch up a second consecutive record high, as an upbeat tone in major overseas markets boosted sentiment.

Woolworths [JSE:WHL] was among the top gainers, extending gains to the second straight day after posting a double-digit earnings growth on Thursday.

"We continue to favour Woolies as the best entry into what is now Southern Hemisphere retail," said Sasha Naryshkine, a fund manager at Vestact in a note.

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Rand - Dollar
18.94
-0.2%
Rand - Pound
23.91
-0.1%
Rand - Euro
20.43
+0.2%
Rand - Aus dollar
12.34
+0.1%
Rand - Yen
0.13
-0.2%
Platinum
910.50
+1.5%
Palladium
1,011.50
+1.0%
Gold
2,221.35
+1.2%
Silver
24.87
+0.9%
Brent Crude
86.09
-0.2%
Top 40
68,346
+1.0%
All Share
74,536
+0.8%
Resource 10
57,251
+2.8%
Industrial 25
103,936
+0.6%
Financial 15
16,502
-0.1%
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