A rising oil price continues to support diversified miners, although global activity is muted as investors wait for fresh catalysts
Rising commodity prices provided support for the JSE on Tuesday morning, despite a lack of appetite for risk assets as uncertainty around Brexit escalated.
Uncertainty over Brexit, along with the forthcoming US Federal Reserve monetary policy announcement on Wednesday, were providing sufficient reasons for traders to be cautious.At 10am the all share was up 0.33% to 56,957.5 points and the top 40 0.3%. The resources index was up 1.03% and platinums 0.8%. Banks were down 0.32%.Gold and platinum were flat at $1,304.41/oz and $834.06/oz, respectively. Brent crude was 0.31% up at $67.66 a barrel.
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