The JSE rose on Friday, with the all share once again surpassing the 60,000-point mark again, thanks to large-cap resource and industrial stocks. Resource shares drew support from higher commodity prices, as the dollar weakened against a basket of currencies, pushing counters such as Anglo American to its highest point since early 2012. The gold price reached its best level since September 2017, at $1,330.06 an ounce, while platinum was just shy of $1,000 an ounce, also last seen in September. Property stocks were relatively stable after coming under heavy selling pressure on Thursday amid speculation that they were a target of a corporate governance report, which is apparently due to be released by US firm Viceroy Research. In December, the research group published a report that contributed to a plunge in the value of Steinhoff shares. "Wow, what a week! Aspen started on the back foot thanks to the Viceroy rumours, which then spread to the rest of the market. Basically, any stock t...
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