The JSE maintained positive momentum at noon yesterday in trade dominated by the FIFA World Cup and global markets. The JSE all share index had gained 1.70%, with resources 1.75% higher and platinum miners 2.20% stringer. Gold miners added 2.35%. Banks were 2.05% up, financials rose 1.75% and industrials edged up 1.04%.
The local market was taking direction from world markets, which were strong. Asian shares also finished higher as an improvement in US consumer sentiment helped provide support for many of the region's exporters, including auto makers and technology companies in Japan, Dow Jones Newswires reports.
In the US, Dow Jones Industrial Average futures were 63 points higher in screen trade.
http://www.businessday.co.za/articles/Content.aspx?id=111802
http://www.directinvestment.biz
Monday, June 14, 2010
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