The JSE all share opened firmer on Tuesday, breaching 53,000 for the first time in a week, as the bourse followed upbeat global markets, with Naspers leading industrials higher. Market heavyweight Naspers was in record territory amid market talk its Chinese internet investment Tencent was set to increase the number of WeChat users it has in the country. Naspers owns 34% of Tencent. Gold shares retreated for the second consecutive session with banks losing out on profit-taking after a strong show on Monday. The Dow Jones closed 1.05% higher on Monday. Asian markets were firmer in morning trade with the Nikkei 225 adding 1.08%. The Hang Seng gained 1.18%. The results of the first round of the French presidential elections lifted the JSE as polls indicate that centrist pro-EU candidate Emmanuel Macron will beat right-wing candidate Marline le Pen in the final round of voting on May 7. Nedbank Corporate and Investment Banking (CIB) analysts said trading was choppy on the day, despite st...
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