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/ 31 January 2008

JSE firm, weaker rand drives miners

A weaker rand drove mining shares higher on the JSE by midday on Thursday, lifting the bourse 0,88% into the black. By noon, the platinum-mining index was 2,74% higher, while the gold-mining index advanced 2,36% and resources were up 2,04%. Industrials edged up 0,16%, but financials and banks were off 0,66% and 1,24% respectively.

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/ 7 December 2007

JSE bolstered by platinum stocks

Platinum-mining stocks were propping up the JSE in noon trade on Friday, enhancing gains driven by Wall Street in the morning session. By 11.58am, the JSE all-share index lifted 0,7%, supported by a 3,24% advance in the platinum-mining index. Resources collected 0,94% but the gold-mining index dipped 0,87%.