Off the wire
Energy gap between Africa and other regions widens: report  • EU accuses Google of abusing dominance in Android  • Skyland Petroleum to supply oil and gas to China  • Kenya gears up for historic ivory burn  • 33 officials face penalties for fatal China restaurant blast  • Kenya's bourse 20 Share Index sustains upward trend  • Portugal places 1.1 bln euros in treasury bonds at record low rates  • Vulnerable populations in urgent need of assistance after Ecuadorian quake: IFRC  • Scottish National Party election manifesto makes no commitment to independence referendum  • U.S. stocks tick up amid earnings reports  
You are here:   Home

JSE shares rise for a second day

Xinhua, April 21, 2016 Adjust font size:

Shares on the JSE climbed on Wednesday as the resources rally rolled on.

The JSE All Share ended 0.77 percent higher at 53.789.75 at its close on Wednesday, with gains in resource and gold mining shares leading the upward trend. The top 40 index edged up 0.52 percent.

The resource index rallied 2.73 percent to its best level since November, boosted by shares such as Anglo American, which responded to higher metal prices.

However in the industrial sector, British American Tobacco was off 1.31 percent to R870.47 (about 61 dollars), with SABMiller losing 0.80 percent to R872.63. Naspers dropped 3.46 percent to R2,016.

On the top ten gainers list was Impala Platinum Holdings, whose shares rose 16.67 percent to sell at R56.47 after 7,296,779 shares were exchanged in 6,757 deals on Wednesday.

Barclays Africa was up 1.83 percent to R145.61 while Woolworths rose 2.31 percent to R91.39.

The rand was steady in late afternoon trade, despite expectations that it could weaken on news of slightly better-than-expected consumer price index data. Endit