The JSE closed at its highest level since February on Tuesday, with miners performing best, as global markets were lifted by hopes of an economic recovery following the release of some promising data.

“Risk appetite is in the driver’s seat after global purchasing managers index (PMI) data showed the economic comeback is well under way and mostly topping expectations,” said Oanda senior market analyst Edward Moya.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now