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MARKET WRAP: JSE extends winning run to six consecutive weeks

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The all share has gained 4.89% so far in April and is now up 12.3% in 2019

The JSE firmed on Thursday, led by general retailers, despite some market caution ahead of the Easter long weekend.

The all share firmed 0.53% to 59,222.5 points and the top 40 0.59%. Banks added 1.03%, gold miners 1.57% and general retailers 2.31%. At the same time, the Dow had gained 0.14% to 26,484.86 points, while in Europe, the FTSE 100 was flat, the CAC 40 had risen 0.32% and the DAX 40 0.4%. There is also expected to be increased focus on the forthcoming national elections on May 8, analysts said, with the rand remarkably stable in recent sessions. Volatility in the local currency, however, may pick up in line with political rhetoric.

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