Fin24

Top 40 on winning streak

2013-01-02 12:33

Johannesburg - South Africa's benchmark Top 40 - (Tradeable) [JSE:J200] index is up 1.7% at 35 399.00, putting it on track for its biggest one-day gain since October, and just off a lifetime record of 35 418.70 hit earlier in the session.

Global equities, gold and oil are all rallying after US politicians struck a long-awaited deal to avoid a fiscal crisis.

Diversified miners are the top gainers locally, with Anglo American [JSE:AGL] jumping 5.4%,  BHP Billiton [JSE:BIL] rising 4.1% and Exxaro Resources [JSE:EXX] gaining 3.4%.