The JSE recorded broad-based gains on Tuesday, with banks and platinums bouncing back after a recent sell-off, although Capitec and Glencore posted sharp losses.The rand was firmer on the day, as risk-on sentiment was given a boost by a political agreement in Germany over the migrant crisis in the EU.A softer oil price gave further support to interest rate-sensitive shares, although the JSE was lower for most of the morning, as corporate news gave the market its initial direction.Capitec faced reports that the South African Reserve Bank had requested a probe of its lending practices, sending that company’s share price 3.94% lower to R893. The Reserve Bank subsequently denied asking for a probe, but Capitec only pared losses slightly.Diversified miner Glencore plummeted 8.57% to R58.54, following reports that its subsidiary in the Democratic Republic of the Congo (DRC) was facing a money laundering and corruption probe by US authorities.US markets are closed on Wednesday for Independ...
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