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Home >> Business
UPDATED: 08:31, September 20, 2006
Johannesburg stock higher despite weak world markets
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The Johannesburg Security Exchange ended on higher ground on Tuesday, despite softer world markets.

However, given that futures closeout was two days away, volumes were light and dealers said the bourse lacked real drivers.

The all share and all share industrial indices closed 0.46 percent and 0.69 percent stronger respectively.

Financials firmed 0.94 percent and the banks index picked up 0. 78 percent. Resources were flat, the gold mining index gained 1.03 percent, which was what the platinum mining index surrendered.

On the all share index, 84 shares were up, 31 were unchanged and 47 were down. There were 23 advancers on the Top 40 index and 16 decliners, while two counters closed flat.

"The market has been up all day, but it has still been very choppy and it was a lot higher at one stage," a dealer said.

He added that it was difficult to find a particular reason for the JSE's strength.

Source: Xinhua


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