The JSE pushed higher on Tuesday as some technology shares rebounded after a sharp drop recently, suggesting the moves lower may have been a blip, rather than a trend. The all share index was up 0.53% to 51,839.40 points at lunchtime, as Naspers recovered from a plunge of nearly 6% in its share price, in line with Hong Kong-listed Tencent, in which the media group has a 34% interest. The recovery in Naspers’s share price, along with a rally in Richemont, boosted industrials. Adding to the positive tone were mining stocks, particularly platinum miners and diversified miners, which drew support from relatively higher commodity prices. GT Private Broking’s head of trading, Nilan Morar, attributed the rally in the platinum shares in particular to a steady rise in the price of palladium, which has partly mitigated the low platinum price. Palladium has risen 31% to $905.91 an ounce so far in 2017, compared with platinum that dropped 4% over the same period. Leading European share markets ...
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