The JSE had edged up slightly by midday on Tuesday as platinum- and gold-mining stocks started to recover earlier losses. By 12pm, the all-share index was 0,08% in the black as the platinum-mining index gained 1,31%, resources lifted 0,72% and the gold-mining index recovered 0,13%. However, banks and financials were off 0,88% and 0,60% respectively.
Good buying interest was seen across the board on the JSE on Thursday and by midday the all-share index was up 224 points, with one trader speculating that it could close above the 30 000 level. A trader said the JSE was approaching its all-time high of 30 046,3, reached on Tuesday.
The JSE all-share index gave up earlier gains of just over 0,5%, trading at just 0,21% in the black shortly before midday on Friday. "It hasn't been an exciting day, we are up slightly. We initially saw gold stocks up on the stronger gold price, which supported the rest of the market," said a local trader.