The JSE all-share index was 0.54% higher at 56,677 points shortly before noon
“Not even global fears can trump the post-election relief rally,” analysts at Vestact said in a note to clients, referring to SA’s general election result.
Asian markets pushed lower on Tuesday after China retaliated to higher tariffs on its products by hiking tariffs on US goods.On the JSE, Vodacom’s shares were up 3.5% at R118.94 after the mobile operator beat profit expectations on Monday.The rand was stronger against major currencies on Tuesday morning. The local currency was at R14.25/$, R18.45/£, and R16.01/€.
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