MARKET WRAP: JSE closes at record high as Richemont surges 10%

The JSE hit a record high on Friday, with the all share index coming within a whisker of the 70,000-point level, as investor sentiment continued to be buoyed by indications in Thursday’s medium-term budget policy statement that fiscal discipline will be maintained.

The all share index soared to a high of 69,995 points before ending Friday’s session at 69,921. ..

Source: businesslive.co.za