Despite reaching a record high in early trade, the JSE was in the red at midday on Monday due to profit-taking following the bourse’s strong run last week. A weaker rand pared the bourse’s losses, however. By 12.04pm, the all-share index was down 0,2% at 19 679,31 — well off its all-time high of 19 873,609 reached earlier.

The JSE rallied to another record high on Friday, fuelled by firmer world markets. Resources, which remained in vogue globally, led the way. By 11.59am, the all-share index was up 0,98% at 19 603,79 after earlier touching a record high of 19 670,73.

The JSE reached another record high just after noon on Wednesday boosted by stronger world markets, a higher gold price and confidence in South African equities. At 12.04pm, the all-share index was up 0,51% at a lifetime high of 19 113,92. The rand was bid at R6,01 per dollar.

The JSE was weaker at midday on Monday following Friday’s sharp fall on Wall Street. The bourse was nevertheless well off the morning’s worst levels, with bargain hunters looking to pick up cheap stock. By 12.12pm, the all-share and all-share industrial indices weakened 0,68% and 0,77% respectively.

The JSE ended on a bearish note on Monday, dragged down by a stronger rand, profit-taking and lack of impetus from New York which was closed for a holiday. Gold stocks shone, however, boosted by a rampant bullion price. The all share index finished 1,29% weaker at 18 328,7 — well off its record high of 18 696,84 reached in opening trade.

The JSE was slightly firmer in noon trade on Thursday as it managed to post gains despite a rampant rand. Stronger United States and Asian markets and South Africa’s favourable interest rate outlook had a positive influence on the local bourse.

The South African rand was trading below the key R6-per-dollar level in early trade on Thursday, which it broke overnight on the back of a stronger euro and news that competition authorities had approved the Vodafone-Vodacom deal. The local unit was last below R6 per dollar on May 9 last year.

The JSE was in positive territory at midday on Wednesday, boosted by a softer rand. Gains were seen across the board and advancers outnumbered decliners on the all-share index by three to one. At noon, the all-share and all-share industrial indices added 0,78% and 0,64% respectively.

The JSE was weaker just before noon on Tuesday, dragged down by profit-taking following the bourse’s rally to a number of record highs in recent days. Weakness on European and Asian markets and continued rand strength contributed to the negativity. By 11.52am, the all-share index had shed 0,49%.

The JSE roared to yet another record high on Monday morning spurred on by a rampant gold price. Positive sentiment towards equities also contributed to the bourse’s strength. By 11.55am, the all share index was up 0,97% at 18 592,87 after earlier touching a highest ever 18 623,561.