The all share index opened marginally higher on Wednesday as global markets rebounded after North Korea launched a ballistic missile over Japan on Tuesday. Industrials and general retailers were firmer in early trade while gold and platinum stocks fell. The rand weakened to above the R13/$ level again. Naspers gained more than 1%. The Dow closed 0.26% higher at 56,555.60 points on Tuesday. "US markets ended the day firmer, after initially starting the day weaker, after President Donald Trump said in a statement that all options were on the table for dealing with North Korea," analysts at Nedbank Corporate and Investment Banking (CIB) said. The Nikkei 225 added 0.74% and the Hang Seng 1.06%. The gold price was 0.12% lower at $1,307.59/oz after reaching $1,325/oz on Tuesday. Platinum softened to $992.34/oz after jumping above $1,000/oz on Tuesday. At 9.32am the all share was 0.26% up at 56,555.60 points and the blue-chip top 40 rose 0.32%. Industrials rose 0.43%, general retailers 0.3...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.