JSE maintains positive tone

nearly 6 percent.
Asset prices tend to be volatile at the end such periods as investors adjust their portfolios.
At 12.42pm‚ the JSE all share index was up 0,64 percent at 35 642,24 points, with resources recovering 1,39 percent and the platinum index regaining 1,57 percent.
“Market jitters experienced on Wednesday are being overlooked for now, as the possibility of China stimulating their economy in the near term becomes today’s focal point.
“The return of higher market volatility seems likely to remain for now, as investors digest the balance of local unrest, foreign protests against austerity, higher bond yields and the possibilities of further monetary easing from Asia,” said Shaun Murison, market analyst at IG SA.
Leading European benchmark indices were firmer at noon, taking their cue from the Asian markets.
Among individual shares on the JSE, Anglo American was up 2,46 percent at R248,97, Anglo American Platinum recovered 3,82 percent to R418,40, Harmony lifted 1,14 percent to R68,27 and Coal of Africa clawed back 4,62 percent to R2,04.
In the industrial sector, Richemont was off 1 percent at R50,39, while banking group Capitec rallied 4,56 percent to R213. — BusinessDay.

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