19 Sep 2016

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Bidvest, Life Healthcare rise after JSE top40 index inclusion

Neo Khanyile

Johannesburg - Bidvest Group [JSE:BVT] and Life Healthcare Group Holdings  [JSE:LHC] gained for the first time in three days in Johannesburg trading after the companies were added to the stock exchange’s Top40 index.

Bidvest, the diversified South African industrial group, advanced as much as 1.4% to 152.59, while hospital operator Life Healthcare climbed 1.1% to R38.15.

The companies and Sibanye Gold [JSE:SGL] and Gold Fields [JSE:GFI] joined the FTSE/JSE Top40 Tradeable Index on Monday. Sibanye added 0.6%, while Gold Fields rose 2%.

Anglo American Platinum, Capital & Counties Properties, Capitec Bank Holdings [JSE:CPI] and Rand Merchant Investment Holdings [JSE:RMI] fell out of the index, the bourse said on its website.

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Rand - Dollar
19.18
-0.1%
Rand - Pound
23.90
-0.3%
Rand - Euro
20.45
-0.3%
Rand - Aus dollar
12.31
-0.1%
Rand - Yen
0.12
-0.2%
Platinum
944.00
-0.7%
Palladium
1,015.50
-1.4%
Gold
2,379.66
+0.0%
Silver
28.26
+0.1%
Brent Crude
87.11
-0.2%
Top 40
66,935
-0.4%
All Share
72,997
-0.4%
Resource 10
62,952
-0.6%
Industrial 25
98,122
-0.3%
Financial 15
15,446
-0.2%
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