The JSE all share opened firmer on Wednesday as miners lifted the overall market in cautious trade, following a flat performance on the Dow on Tuesday in a low-volume, lacklustre session. The all share crossed 60,000 points for the first time in six months on Tuesday, but analysts said the positive sentiment towards emerging markets as a whole, which benefits the all share, could quickly turn around. The market is focused on movements in the dollar, which may be due for a rebound after earlier weakening above $1.1740 to the euro. On Wednesday morning the greenback was at $1.1677, placing some pressure on the rand, which was trading at R14.32 to the dollar from R14.23. The stronger dollar, together with softer oil prices, had little effect on mining stocks on the JSE as the market followed the softer rand. The Dow closed 0.06% higher on Tuesday. The S&P 500 and the Nasdaq finished at records for a third consecutive session after a measure of consumer confidence hit a nearly 18-year h...
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