JOHANNESBURG, Oct.4 (Xinhua)-- Shares on the Johannesburg Stock Exchange (JSE) closed slightly firmer on Wednesday, buoyed by gains in dual listed companies.
The all share was up 0.7 percent to 56,750.03 points at close. For the year to date, the all share has gained about 12 percent, the blue-chip top 40 index has gained 13.5 percent.
The South Africa's rand traded at R13.59 to the U.S. dollar on Wednesday, compared with R12.79 on September 5. A softer rand means that dual-listed companies, which earn most of their income abroad, receive more for their foreign income in rand.
Naspers extended its record run in the industrial sector, as did Mondi in the resource space. Banks held up relatively well, with a recovery in the rand possibly helping their cause.
Anglo American advanced more than 2 percent to settle at R258.55, as investors used the opportunity to take profits. Kumba was 0.21 percent softer at R235.71. FirstRand lost 1.28 percent to settle at R51.59.
Food producer Pioneer regained 2.91 percent to R116.55. Medclinic was up 0.39 percent to R117.11. Enditem
