Risk-on trade on global markets lifted the JSE above 60,000 points on Tuesday, with banks and some retailers outperforming the overall market, as some of the uncertainty caused by the global trade war receded a little.Most international markets were positive, and gains on the JSE were broad-based. A slightly softer rand, tracking a weaker Turkish lira, helped cap gains in banks and retailers earlier, although the local currency strengthened as US markets opened.The all share gained 0.64% to 60,039.3 points and the top 40 0.61%. Banks gained 1.04% and general retailers 1.55%. Gold miners lost 1.33%.Corporate news was fairly light and the economic calendar is barren until Thursday, with global events expected to continue to give the market the bulk of its direction.The inking of a new trade deal between the US and Mexico prompted the return of interest in risk assets, with analysts saying it was a sign the US is willing to compromise, even as new trade deals between Canada and China a...
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