The JSE closed firmer on Tuesday as general retailers, banks and financials gained on positive sentiment, despite economic growth expected to be subdued over the short term.Volumes amounted to R21bn at the close, as risk-on sentiment dominated after the Dow hit a renewed record earlier in the week. Asian markets also recorded strong gains on the day.The International Monetary Fund (IMF) expects economic growth in SA for 2018 and 2019 to remain below 1%, putting it at 0.9% for both years. Increased political uncertainty is set to weigh on confidence and investment.However, a report by Goldman Sachs saying SA could be the emerging-market story of 2018 has buoyed sentiment, despite the rand weakening marginally on the day due to a lack of developments on the political front.Rand hedges were generally higher, driven by Naspers, but global miners were lower after a comeback in the rand at the close and amid flat commodity prices.The all share closed 0.68% higher at 61,475.40 and the blue...
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