The JSE opened higher on Monday with a firmer bias as banks and retailers rebounded on the stronger rand.Miners, notably gold and platinum stocks, lost ground in early morning trade in a global relief rally following the electoral victory of pro-EU French presidential candidate Emmanuel Macron in the first round of voting over the weekend, pipping right-wing candidate Marine Le Pen at the post.The French CAC 40 jumped 3.65% and the German Dax 30 added 2.39% at the opening. The FTSE 100 rose 1.71%.The stronger European markets followed on a firm showing in Asia, with the Nikkei 225 rising 1.37%. The Hang Seng was up 0.46%.The Dow Jones ended the Friday session 0.15% lower.The rand firmed to R12.92/$ in early morning trade after the dollar slumped to $1.0935 to the euro at the weekend.At 9.40am the all share was 0.34% higher at 52,372.10 points and the blue-chip top 40 added 0.36%. Banks rose 2.15% and general retailers were up 1.65%. Financials added 1.35% and property jumped 1.02%. ...
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