JSE hits a new all-time high

The Johannesburg bourse rallied 38% last year for its best performance since 2005, with an index of precious metals and mining stocks leading gains. Image: Waldo Swiegers/Bloomberg

THE JSE All Share Index (Alsi) hit a new record on Wednesday, on the back of Richemont’s (CFR) bull run continuing and tech giants Naspers and Prosus’s share prices on firmer footings.

Africa’s largest stock exchange brushed off potential volatility from US President Donald Trump’s broadsides against South Africa, topping the 88 500 points mark in intraday trade.

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