The JSE continued to trade at highs on Friday, helped in part by mining stocks, which benefited from higher commodity prices. The all-share index was up 0.48% to 56,858.10 points at lunchtime, as diversified and platinum miners rose 1.42% and 1.65%, respectively. Certain industrial stocks played a supportive role, with Steinhoff regaining some lost ground following allegations of accounting fraud, which the company rejected late on Thursday. Woolworths was the main drag among blue-chip shares, dropping for a third consecutive day in the wake of its first drop in full-year profit in eight years. During the week local shares fired on all cylinders, for the most part, from financial stocks to industrials, and mining counters. A slew of earnings reports guided sentiment for the week, with some companies punching above their weight. Gold miners were the exception. Media and internet group Naspers, which has the biggest weighting on the all share, was little changed on the day but headed ...
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