The JSE advanced in noon trade on Friday in a quiet session, but blue-chip retail group Edcon fell sharply on concerns that a takeover bid by Bain Capital might fall through. At noon, the all-share index was up 0,42%. Resources gained 0,33%, while the platinum and gold mining indices added 1,12% and 1,20% respectively.
The JSE ticked higher during noon trade on Thursday, but the gains were capped by a weaker tone in resources and mining stocks. At noon, the all-share index was up 0,18%. Resources fell 0,23%, the gold mining index was off 0,58% but the platinum mining index added 0,57%.
The JSE was flat at midday Wednesday with further losses capped by a stellar performance by the world’s fourth-largest miner, Gold Fields on media reports that an America financier might bid for it. At noon, the all-share index was flat (+0,02%) although the gold mining index soared 4,32%.
The JSE remained higher at midday on Tuesday as investors hurried to catch up with the United States equities market, which stayed open on Monday. At noon, the all-share index was up 0,61% thanks to the 1,10% rise in resources. The platinum mining index jumped 2,13% but the gold mining index fell 0,14%.
The JSE retained its strong tone at midday on Tuesday as European markets put on a great show and better metal prices provided buying incentive for heavyweight resources stocks. At noon, the all share index was up 0,79%. Resources gained 0,99% while the gold and platinum mining indices firmed 1,91% and 1,42%.
The JSE gained momentum at midday on Monday led by paper maker Sappi and pockets of buying in heavyweight gold stocks. At 12pm, the all-share index was up 0,45%. Resources gained 0,10%, the gold- and platinum-mining indices firmed 1,13% and 0,89% respectively. Industrials gained 0,56% and banks and financials were up 1,23% and 0,95% respectively.
The JSE was marginally firmer at midday on Friday in the absence of major market-moving news to move the market, but precious metal stocks gained on a spike in metal prices. At 12 noon, the all-share index was up 0,15%. Resources were off 0,29%; the gold and platinum mining indices firmed 1,06% and 1,65% respectively.
The JSE remained firmer at noon on Thursday, tracking overseas markets and firm Dow futures indicating a strong opening on the United States equities market. At 12pm, the all-share index was off 0,70%. Resources were 0,80% better; the gold- and platinum-mining indices added 0,27% and 1,10% respectively.
The JSE retained its softer tone at midday on Wednesday in line with weaker Asian and United States markets on growing concerns over the US economy. At 11.53am, the all share index was off 0,36%. Resources were 0,14% softer, the platinum mining index was flat (-0,05%) while the gold mining index added 0,59%.
The JSE was higher at midday on Monday on the back of cheerful sentiment on Asian markets in the absence of market-moving news on the local front. By 11.57am, the all-share index was up 0,37% at 27 013,630 thanks to a 0,86% rise in resources. The platinum-mining index was up 0,36%, while the gold-mining index was flat (-0,04%).