The JSE rallied to a record on Tuesday, shortly after midday, joining world share markets that continued to strengthen.The positive sentiment coincided with the upwards revision in world economic forecast by the International Monetary Fund, citing the recently approved US tax reforms as of one of the key factors that will drive global growth.The all share was up 0.83% to 61,568.7 points at lunchtime, with the top 40 gaining 0.84%.The global market bounced along with renewed optimism about the local economy, boosting the index of local banks to record highs."Foreigners are loving South African stocks again and this is probably triggered by Goldman Sachs saying the country will be an emerging-market story of 2018," said Vasili Girasis, trader at BP Bernstein stockbrokers.Foreigners were net buyers of local shares to the tune of R5.5bn over the past week, continuing the pattern that started in December when Cyril Ramaphosa was elected as the new ANC leader.Retailers and other stocks th...
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