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MARKET WRAP: JSE hits record high while rand weakens further

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The gains by the all share pushed its year-to-date growth to a little over 23%

The JSE closed at a record high while the rand fell for a second straight day amid mixed international markets, with concern heightened in some areas over the rapid spread of the Omicron variant of Covid-19.

The JSE was led higher on Wednesday by the industrials index as heavyweights on the market accounted for the biggest gains. The all share closed up 1.1% to 73,238 points, a new high, while the top 40 added 1.14%. The previous record for the all share was set on December 7, and today’s was its first close above 73,000 points...

 

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JSE All Share Index reach record intra-day high - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The JSE All Share Index reached a record intra-day high on the 8th of December of just over 73 000 points.
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