The JSE closed firmer on Monday, though volumes were low in thin trade ahead of Human Rights Day on Tuesday. General retailers gained on the firmer rand, supported by a strong performance from Naspers. Property stocks rebounded from a sharp retraction on Friday. Naspers closed at its highest level in four months, buoyed by trade in its Chinese Tencent investment, in which it owns 34%. Tencent traded at a record high in Hong Kong. Resources and gold stocks weakened on the firmer rand, despite spot prices improving in intraday trade. The rand reached an intraday best of R12.6293 against the dollar. In late trade, it was at R12.6517/$ from R12.7178 at its previous close. The all share closed 0.39% higher at 52,753.6 points and the blue-chip top 40 added 0.44%. General retailers rose 1.29% and industrials gained 0.85%. Food and drug retailers lifted 0.35%. Financials added 0.28%. Resources shed 0.58% and the gold index dropped 0.52%. The all share has gained 4.15% so far this year and t...
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