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JSE up on BAT, SABMiller boost

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Johannesburg - The two biggest shares in the Industrial index of the JSE, British American Tobacco (BAT) [JSE:BTI] and SABMiller [JSE:SAB], both reached new highs on Tuesday morning, which helped to pull the rest of the market higher.

By midday on Tuesday the Industrial index, one of the few major indices that delivered a positive return last year, was almost 1% stronger (0.81%), enough to pull the rest of the market higher despite a big selloff in commodity shares.

At that stage the All-share index was 0.28% higher at 48 457 points, while the Top 40 index gained 0.30% to 43 611 points. The Financial index also stabilised somewhat while the Financial 15 index was also 0.55% up and the rand steadied at R16.62 to the dollar.

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ZAR/USD
17.42
(+0.14)
ZAR/GBP
22.82
(-0.20)
ZAR/EUR
20.62
(-0.17)
ZAR/AUD
12.48
(+0.17)
ZAR/JPY
0.16
(+0.30)
Gold
1931.40
(+0.58)
Silver
26.41
(+3.12)
Platinum
944.00
(+1.56)
Brent Crude
45.32
(+2.09)
Palladium
2182.00
(+2.27)
All Share
57327.77
(-0.16)
Top 40
52978.09
(-0.28)
Financial 15
10213.58
(+0.73)
Industrial 25
75908.40
(-0.40)
Resource 10
58741.20
(-0.43)
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