adminthe JSE all-share index inched up 0,09 percent to 34064,29 points, with resources slipping 0,10 percent, platinum shares shedding 0,54 percent and gold counters dipping 0,11 percent.
Financials edged up 0,09 percent, with banking stocks and industrials both 0,22 percent in the black.
The rand was firmer at R8,12 to the US dollar, from R8,16 at the JSE’s close on Wednesday, while gold changed hands at US$1 583,22 a troy ounce from
US$1 576,15/oz at the JSE’s previous close and platinum was quoted at US$1,418/oz, from US$1 411,70/oz previously.
“Market players, particularly in the banking and retail space, will watch closely the Reserve Bank’s decision on interest rates,” said Viv Govender, analyst at Vunani Private Clients.
“On the global level, the US corporate earnings picture looks reasonably well so far.”
Leading European share markets opened slightly higher, with London’s FTSE 100 up 0,09 percent.
Risk assets are finding support after US Federal Reserve chairman Ben Bernanke reiterated to Congress on Wednesday that the Fed stood ready to take necessary measures to boost the US economy, if and when necessary.
Ongoing hope of further stimulus in China had also helped sentiment, Dow Jones Newswires reported.
In Asia, stock markets were higher, with Japan’s Nikkei average ending the session
up 0,79 percent, while the Hang Seng index was up 1,57 percent by 9.25am SA time. — AFP.
Online Reporter
- Herald
- July 31, 2026
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