The JSE rose on Tuesday, lifted by rand-sensitive stocks, as the local currency benefited from a weaker dollar environment.Banks, along with food and drug retailers, led the gains, while diversified miners and rand hedges fell. Sasol, which spent most of the day lower, climbed shortly before the close as Brent crude breached $80 a barrel.Volumes were once again low at about R12bn, compared to the daily average of R20bn.Local data provided further signs of improved business confidence, with the South African Reserve Bank’s leading indicator falling 0.7 points in March from the previous month, but this represented a 4.1% rise compared to the same month in 2017.Global markets were broadly higher, with analysts citing continued positive sentiment from ebbing US-China trade tension. The FTSE 100 hit a record high earlier.The all share closed 0.52% higher at 58,121.80 points and the top 40 added 0.56%. Banks rose 1.85%, property 1.43%, food and drug retailers 1.31%, financials 1.23%, and ...
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