admingave the JSE a lift at midday yesterday, according to a local trader.
By 12:03 local time, the JSE all-share index garnered 0,76 percent, with gold miners adding 1,58 percent, platinum miners rising 1,51 percent, and resources up 1,44 percent. Banks were 0,64 percent higher, financials gained 0,39 percent, and industrials added 0,34 percent.
The rand was bid at 6,93 to the dollar, from 6,98 at the JSE’s close on Monday. Gold was quoted at US$1 605,05 a troy ounce from US$1 603,95/oz at the JSE’s previous close, while platinum was at US$1 774/oz, from US$1 774,50/oz previously.
A local trader said while debt concerns remained in investors’ minds, “the micro picture” was boosting sentiment and driving markets. “Companies are still posting good results and it’s not just abroad but here as well – A good example of this being Woolworths,” he said.
Dow Jones Newswires reported that European stocks opened firmly higher on Tuesday, with investors snapping up the stocks that have fallen hardest recently given the ongoing concerns about debt on both sides of the Atlantic. – I-NET BRIDGE.
Bongani Moyo
- Chronicle
- July 22, 2026
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