/ 29 July 1997

Another record day on the JSE

TUESDAY, 11.00AM

THE Johannesburg Stock Exchange experienced another record day on Monday, as new highs on the financial and industrial indices saw the all share index hit a new record high of 7 490,8, up 46,8 points over the day, based somewhat on market expectations of good credit extension and money supply figures.

Industrials added 71,5 points to take their tally to 9 125,9, while the financial index gained 31,9 points to 10 491,3. Even embattled gold shares played their part as the bullion price rose slightly, with the gold index climbing 2,2% or 21 points to 991, reigniting hopes the index can climb back above 1 000 points.