The JSE pushed higher on Monday, with banks reversing earlier weakness to close higher.
The US Federal Reserve will begin its meeting on interest rates on Tuesday, and will hold a news conference on Wednesday. Dovish Fed policy has been cited by analysts recently a reason for the dollar’s weakness, which has benefited miners. The oil price remains elevated by promises of extended production cuts by Saudi Arabia, the world's largest exporter. Problems in Venezuela, including rolling blackouts, also continue to hamper output in that country.Hulamin fell 1.92% to R4.59. It reported that revenue rose 8.5% in the year to end-December, although it said retail growth had disappointed in its second half.Northam Platinum firmed 4.33% to R64.76 and Anglo American Platinum 3.03% to R801.17.
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