The JSE was in record territory again on Thursday‚ led by platinum stocks, while banks and retailers were also lifted despite the weaker rand. After a blip on Wednesday, the all share reached its third record this week, closing 0.88% higher at 55,685 points. The top-40 added 0.89%. Platinums added 3.37%, banks 1.67%, general retailers 1.39%, financials 1.34% and property 1.08%. Gold miners gained the least, with the index up 0.29%. The rand slid in late afternoon trade, having been under pressure for much of this week. News of the appointment of former Vodacom business chief officer Vuyani Jarana as the new SAA CEO is likely to have weighed on the local unit, as the next logical step would be the announcement of a R15bn bailout for the airline, said Herenya Capital analyst Petri Redelinghuys.
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