The JSE’s all-share index closed firmer on Tuesday as higher-volume trade returned to the local market after subdued exchanges on Monday. Volumes were lower on the first trading day of the week after US and UK public holidays. Chinese markets were closed on Tuesday. The all share closed 0.4% higher at 54,158 points and the blue-chip top 40 added 0.35%. General retailers climbed 1.84% and resources lifted 0.75%. Property was up 0.5% and industrials gained 0.37%. Platinums shed 2.06% and the gold index lost 0.8%. The platinum sector was the main loser on the day as Lonmin dragged down the sector on a weaker spot price. The platinum price shed 1.30% to $941.71 an ounce. Lonmin ended the day 7.71% lower at R13.52. The share price has fallen 42.37% so far this year as the platinum producer continues to implode on negative market sentiment. Rand hedges gained on the day, with British American Tobacco rising 1.15% to R932.58. Nampak climbed 15% to R21.85 on strong results. The rand lost gr...
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