The JSE opened firmer on Thursday, driven by platinum and gold stocks with Asian markets mixed with a negative bias. The platinum price was 0.26% weaker at $935/oz in early morning trade but a weaker trend in the rand supported individual miners. The gold price was up 0.15% to $1,226.47/oz. Brent crude was flat at $46.41 a barrel. At 9.25am the all share was 0.45% higher at 50,228.80 and the blue-chip top 40 added 0.50%. The platinum index added 1.84%, the gold index 1.08%, financials 0.56%, banks 0.54% and resources 0.53%. The Dow closed 0.29% lower on Wednesday, the first weaker close in eight sessions. The Hang Seng was down 0.46% and the Shanghai Composite gained 0.11% on Thursday. Global equity markets are increasingly pricing in higher GDP growth in the US under a Trump administration. "The macro backdrop is now one of mildly improved growth, firmer inflation and a shift to fiscal stimulus in major economies," Barclays Research analysts said. However, Barclays said the prospec...
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