Stronger opening for JSE as gold miners prosper
At 10.25am, the JSE all share was up 0.21% to 58,832.80 points and the top 40 had gained 0.29%. Gold miners added 1.58% and platinum miners 0.77%.
General retailers had fallen 0.38%
In gold mining, Harmony had gained 2.42% to R27.96, AngloGold Ashanti 1.54% to R228.78, Gold Fields 1.54% to R77.65 and Sibanye 1.24% to R15.56.
Among rand hedges, British American Tobacco had fallen 0.82% to R549.71, Richemont 0.47% to R118.80 and AB InBev 0.26% to R1,282.01.
No major company results are scheduled for Thursday. Statistics SA is expected to release mining production as well as gold production figures for April on Thursday morning. The RMB/BER business confidence index (BCI) figure for the second quarter of 2019 is also due on Thursday.
Source: businesslive.co.za
