Banks help lift JSE to November highs
29 May 2016 - 02:00
The JSE broke out of its narrow trading pattern this week after a solid performance from its main constituent indices.The All Share index bagged a hefty 2.79% on the week to 54105.40 points, its best closing level since November 4.Financial stocks led the charge, holding on to gains despite Moody's changing its outlook for the local banking system to negative from stable on Friday.
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