The JSE’s Alternative Exchange (AltX) has listed its fiftieth company since the board opened in October 2003. The 50th company, engineering group William Tell Holdings, listed on the AltX on Tuesday. Beige was the first company to list on the AltX late in January 2004.
The JSE was enthusiastic on Tuesday as the market continued to be on the uptake after Anglo’s announcement to de-merge Mondi on Monday. At 12pm the all-share index was up 0,34%. Resources strengthened 0,14%, while the gold and platinum indices added 0,41% and 0,03% respectively. Industrials climbed 0,38% and financials lifted 0,66%. Banks edged up 0,55%.
The JSE started to strengthen at midday after a weaker opening on Monday morning. At 12.05pm the all-share index was up 0,45%. Resources strengthened 0,93%, while the gold and platinum indices were 1,03% and 0,75% firmer respectively. Industrials climbed 0,08% and financials lifted 0,15%. Banks increased 0,66%.
The JSE was firmer in the morning, but started retracing at about midday on Friday. However, traders expect the market to strengthen near the day’s close. At noon, the all-share index was down 0,69%. Resources weakened 0,99%, while gold and platinum indices fell 1,15% and 1,52 % respectively.
The JSE was higher at midday on Thursday but off its best levels as worse-than-expected PPI (producer price index ) data and a stronger rand discouraged buyers in the market. At 12pm the all-share index was up 0,25%. Resources were flat (-0,01%), while the gold and platinum indices fell 0,08% and 0,31% respectively.