South African futures were higher at the JSE’s close on Friday as the market shrugged off a flat close on the all share, which lost steam toward the end of the session after trading higher for most of the day. The Dow was up 0.38% at 23,251.74 points at the JSE’s close, which could prove to be another record-breaking day for the US market following a deal in Congress that could pave the way for the implementation of President Donald Trump’s mooted tax reforms. The all share closed 0.09% up at 57,948.70 points and the blue-chip top 40 added 0.15%. Platinums rose 2.17%, resources 0.45% and industrials 0.31%. Banks shed 2.39%, general retailers 1.81%, food and drug retailers 0.99%, and financials 0.80%. European stocks edged higher on Friday, but Spanish stocks were held back as worries persisted about the Catalonia stand-off over independence for the wealthy region. Meanwhile, shares of Swedish truck maker Volvo leapt the most in six months after a bullish earnings report. The firm op...
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