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MARKET WRAP: JSE kicks off new month positively

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After gaining 3.41% in February, the all share began March with broad-based gains, with rand hedges leading the pack

The JSE started off the new month positively, tracking risk-on sentiment on global markets.

Gold was down 0.24% at $1,310.03/oz and platinum 0.4% at $868.36. Brent crude was flat at $66.32 a barrel. There may also be an outcome of a court battle over a planned strike by the Association of Mineworkers and Construction Union , which is seeking to embark on a secondary strike across the gold sector, as it battles for wages at Sibanye-Stillwater.

 

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