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MARKET WRAP: Industrial metals lead the way as JSE breaks more records

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The rand held steady at its strongest levels since February 2023

27 September 2024 – 18:50

by Lindiwe Tsobo

The JSE capped a week of gains on Friday, closing at yet another record high, with industrial metals leading the way after China announced a raft of stimulus measures on Tuesday.

With China the largest consumer of SA metals, the industrial metal index, which includes BHP, Glencore and Anglo American, gained almost 12% on the week…

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