The JSE rallied fairly sharply on Tuesday, playing catch-up with larger global equity markets as investors acquired recently sold-down stocks, following recent losses that have pushed the all share to levels last seen in September 2017.Resource shares attracted particularly strong interest, even as underlying commodity prices remained broadly muted, suggesting that the rebound could partly be technical in nature.Several companies, including Harmony Gold and Kumba Iron Ore, released their financial results earlier, and this could have boosted sentiment in the resource sector.Banks were well supported, edging closer to record highs on apparent optimism of a political transition in which President Jacob Zuma will hand over power to his deputy, Cyril Ramaphosa, who the market perceives as likely to pursue business-friendly policies.The all share was up 1.38% to 56,980.30 points at lunchtime, trimming some of the big losses of the past two weeks. Europe’s leading markets slipped at midda...
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