adminexpected to remain light as the US markets are closed for a public holiday, a trader said.
By 09:17 local time, the JSE all-share index was up 0,43 percent, with resources rising 0,39 percent, gold miners gaining 0,64 percent and platinum miners firming 0,36 percent.
Banks added 0,29 percent, financials picked up 0,37 percent and industrials were up 0,49 percent.
The rand was bid at 6,72 to the dollar, from 6,74 to the dollar at the JSE’s close on Friday.
Gold was quoted at US$1 493,30 a troy ounce from US$1 484,41/oz at the JSE’s previous close, while platinum was at US$1 716,50/oz, from US$1 714,50/oz previously.
The trader said the local bourse had a good start following higher global stocks, which welcomed positive US economic data and the approval of Greece’s next tranche of aid.
Dow Jones Newswires reported that Asian stock markets rose yesterday on Wall Street’s solid advance on Friday, though Australian shares trimmed their gains on disappointing local economic data.
In Thailand, the stock market surged and the local currency rallied after the opposition swept to a decisive victory in general elections over the weekend.
Japan’s Nikkei Stock Average rose 1,2 percent, and Hong Kong’s Hang Seng Index gained 1,8 percent. – I-NET BRIDGE.
Online Reporter