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The JSE all share closed higher on Thursday, extending the bourse’s gains for the year as local stocks rallied in line with good news on US GDP growth that pushed Wall Street to a strong opening. The JSE all-share index closed 1.27% higher at 58,771 points as gains in resources and industrials outweighed losses in some financial counters. The 233 stocks that moved higher on Thursday accounted for R53bn of the day’s R58bn in turnover, while 140 counters moved lower. Latest US commerce department data showed the economy grew in the third quarter at its fastest level since 2015. But in the UK, consumer confidence in December fell to a four-year low. The Bank of Japan maintained a policy of fiscal stimulus. At 6.27pm, the Dow was up 0.44%, while the FTSE 100 had gained 1.07%, the DAX 30 0.41% and the CAC 40 0.66%. At the same time, the rand was at R12.6982/$, a few cents firmer than its previous close of R12.7452, as jitters subsided over ANC conference resolutions, which appeared to ta...

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