The JSE all share hit a fourth successive record high on Monday as rand hedges rallied on the weaker domestic currency in line with the pattern established last week. The all share closed 0.52% higher at 57,530,10, breaching the 57,500 level for the first time after hitting 57,000 on Thursday. Naspers closed 0.81% higher at R3,190.44, a new record, while British American Tobacco climbed 2.31%, to R873.39 and Anheuser-Busch InBev 1.89%, to R1,695. Newly listed shares sparkled on the day, with Steinhoff Africa Retail up 1.7%, to R23.90 and tertiary education company Stadio rising 19.19%, to R7.39. Volumes were low at R14bn as some US markets were closed for the Columbus Day holiday. Because it is a federal holiday and not celebrated in some states, the Dow traded and was flat at the JSE’s close.
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