The JSE was again in record terrain on Monday as it stretched its rally to a seventh consecutive trading day.A number of factors, including a weaker rand and individual corporate news, fuelled momentum in the all share, which outdid some its peers in Europe.The rand slipped through R13.80/$ for the first time since April, boosting big rand hedge, resources and industrial stocks.These pushed the all share up 0.56% to 57,550.70 points by lunchtime, as the blue-chip top 40 gained 0.66%.Gold stocks received an added boost from a higher gold price as speculation mounted that North Korea is about to conduct a missile and/or nuclear test, a scenario that would put Pyongyang on a collision course with Washington.Soon after midday the gold price was at $1,281/oz, which was significantly higher than Friday’s intraday low of $1,260.30.Momentum Securities said in a note that investors had high levels of conviction in risk assets, basing their argument on what it said was sound macroeconomic mom...
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