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MARKET WRAP: JSE snaps four-day losing streak boosted by mining stocks

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Indonesia Berita Berita

Palladium was the standout performer after rising as much as 11% on renewed supply concerns, boosting PGM stocks

The JSE ended higher on Friday, snapping a four-day losing streak that had pushed the all share index to the lowest level since mid-March.

Resource stocks did the heaving lifting thanks to broadly higher commodity prices. Palladium was the standout performer after rising as much as 11% on renewed supply concerns before pulling back slightly to trade 8.4% higher at $2,430/oz at 6.39pm on Friday...

 

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