ALAN FINLAY & Reuters, Johannesburg | Monday 4.45pm.
THE JSE ended firmer on Monday with only resources taking a bit of knock finishing 0,22% or 11 points down.
Overall share prices held onto last week’s gains, ending 0,42% or 34 points up. Dealers said the market moved against the trend of softer key European bourses, as investors dipped into long-spurned financial services shares and red-hot technology stocks.
Industrials closed 1,19% or 115 points better, while financials finished 0,04% or 4 points in the clear. Gold shares ended the day 1,37% or 15 points up.
At 4.15pm bullion was trading US50c lower on international markets at R284,35.
Dimension Data once again traded amongst the most active shares by value on the market.
Dealers have predicted a firm week ahead as the end of the quarter approaches for mutual funds and unit trusts. Some “window-dressing” is expected as funds try to pump up their performance.
By late afternoon the rand was trading at R6,46 to the dollar and R10,28 to the pound.
Asian shares finished stronger, Hong Kong’s Hang-Seng 3,29% or 582 points up, and the Nikkei 2,93% or 576 points good.