South African markets closed in the green yesterday, as Finance Minister Enoch Godongwana’s 2024 budget boosted investor morale.
Property developers, Redefine Properties, Growthpoint Properties, NEPI Rockcastle N.V. and Equites Property Fund advanced 3.1%, 2.6%, 1.8% and 1.0%, respectively.
Telecommunications companies, Telkom SA SOC and Blue Label Telecoms gained 2.5% and 1.2%, respectively.