The JSE finished the week on a high note, with mining shares leading gains on what was another mostly positive day for global stock markets on Friday.The all-share index added 0.4% to 59,717.2 points, rounding out a third successive week of gains following the ANC’s elective conference, where Cyril Ramaphosa was named new party president.The top-40 index closed 0.34% higher on Friday, with the platinum miners surging 2.77%, the gold index 1.34%, and resources 0.68%.The platinum prices had gained 0.58% to $965.17 by the JSE’s close.Global stocks rose for a third successive day, with the MSCI world index climbing 0.8%. Investor confidence has been buoyed by favourable economic data in Asia, Europe and the US, although official US jobs data disappointed on Friday.The rand was 0.28% weaker on the day, at R12.32 to the dollar.Investec said in a note on Friday that the rand’s continued strength into 2018 had been aided by substantial gains in global commodity prices. "The rise has been li...
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