South African futures closed higher on Tuesday, as the JSE reached its best intra-day level since 2015 and US equity markets hovered near record levels. The all share closed 0.24% higher at 54‚499.10 points and the blue-chip top 40 added 0.34%. Resources rose 3.69%‚ platinums 0.71%, and food and drug retailers 0.12%. General retailers dropped 1.44%‚ property 0.98%‚ banks 0.89%‚ financials 0.64%, and industrials 0.59%. A number of earnings reports and a record reading of German business sentiment gave global equities a boost on Tuesday, said Dow Jones Newswires. At 5.40pm, the FTSE 100 was up 0.93%, the DAX 0.59% and the CAC 40 0.89%. The Dow was up 0.54%, while the S&P 500 reached a record intra-day high. It was last up 0.43%. At the same time, the rand was at R13.0403 to the dollar from R12.9624. Gold had lost 0.34% to $1,250.90 an ounce and platinum 0.27% to $926.72. Brent crude rose 2.32% to $49.87 a barrel. The top-40 Alsi futures index gained 0.38% to 48,360 points. The number ...
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