Home Southern Africa JSE Index Zooms Through 100,000 Mark

JSE Index Zooms Through 100,000 Mark

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JSE Index Zooms Through 100,000 Mark

(3 Minutes Read)

It opened trade at 100 108 points, around 0.8% up – taking its weekly surge to over 3% and its bull run year-to-date to almost 20% stronger.

The Johannesburg Stock Exchange broke through a major milestone of 100,000 points on Wednesday morning.It opened trade at 100 108 points, around 0.8% up, taking its weekly surge to over 3% and its bull run year-to-date to almost 20% stronger.

Naspers and Prosus’s surge led the gains on the day, as the bourse’s biggest companies; however, the JSE has also been buoyed recently by a surge in platinum and gold stocks. Napers jumped over 5%, to R5 887.20 a share around 10 am, while Prosus surged over the R1 000-a-share mark for the first time, also trading over 5% up (at around R1 080). Both hit 52-week highs.

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Reaching 100,000 points on the Alsi is not just a numerical milestone – it is a powerful reflection of the resilience, innovation, and operational excellence of companies listed on the JSE, said an elated JSE Group CEO, Leila Fourie.