The Johannesburg Stock Exchange (JSE) was firmer on Wednesday, as the South Africa’s rand weakened.

The all share was up 0.26 percent to 55,214.07 points as big diversified resources gained 1.1 percent. The industrial index was 0.27 percent stronger, while the financial index was however 0.43 percent lower.

Among the JSE, Naspers which lost more than 3 percent on Wednsday, was only 0.28 percent softer at R2,875.68 at close of session.

Anglo American led gains on the top 40, up 3.02 percent to R2 318.68, and Exxaro added 2.89 percent to R120.88.AngloGold Ashanti edged up 3.02 percent to R125.19, amid a lower gold price. Harmony Gold dropped 2.67 percent to R24.10.British American Tobacco was up 1.97 percent to R852 and Richemont 1.68 percent to R121.39.Telkom was up 3.65 percent to R57.11, while MTN lost 1.81 percent to R124.45.

Life Healthcare shed 1.98 percent to R23.25.MMI Holdings slumped 5.11 percent to R17.65 in ex-dividend trade while Liberty Holdings rose 1.3 percent to R103.50.Aveng was off 10.26 percent to R2.8, after the construction and engineering group reported a steeper loss than expected in the year to end-June, on Tuesday. Group Five leapt 7.31 percent to R12.48.Nedbank shed 0.45 percent to R201.00. FirstRand was 1.38 percent softer at R51.99, and Standard Bank gained 0.72 percent to R156.58. Enditem

Source: Xinhua/


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