JSE All Share hits record close in budget week — what to watch when Johannesburg reopens
Johannesburg’s FTSE/JSE All Share index closed at a record 128,456 on Friday, up 1.48%, led by a 16% jump in Sasol and gains in mining stocks. The rand slipped 0.3% to 15.9650 per dollar. Eskom announced a 29% tariff cut for two ferrochrome firms to prevent job losses. South Africa’s producer inflation slowed to 2.2% year-on-year in January.
