JOHANNEBURG, Oct. 11 (Xinhua) -- Share prices on the Johannesburg Stock Exchange (JSE) pushed to fresh highs as mid-cap continued the rally on Wednesday.
The share was up 0.24 percent to 57,770.33 points at close of session, marking a record high and bringing gains over the past nine sessions to 4 percent. The top 40 indexes was 0.15 percent up at 51,438.55 points and the Industrial index, which is also at record levels, was 0.79 percent higher.
Naspers, the biggest share on the JSE which represents 17 percent of the Industrial index, was a modest 0.91 percent firmer at R3200. Other big shares were modestly higher. British American Tobacco was 0.01 percent lower at R876.6 and Richemont traded 0.76 percent stronger at R125.09.
Sasol was lower 0.26 percent to R393.02. Standard Bank was up 2.03 percent to R166.26, Nedbank 2.1 percent to R212.9 and MMI Holdings 1.94 percent to R18.96.
Mondi was the biggest loser among the blue-chip companies, dropping 8.17 percent to R344.75, following a quarterly report saying "it recorded an 8-percent rise in its underlying operating profit for the third quarter."
The local unit, which traded as low as R13.79 to the dollar on Monday, was 0.94 percent stronger at R13.57 making rand hedge shares, which earn most of their income in dollar, less attractive.
South Africa's rand extended a rally away from six-month lows early on Wednesday, amid rife speculation that U.S. President Donald Trump's tax overhaul plan would hurt the dollar. Enditem
