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The JSE (+1.38%) finished almost 200 points higher yesterday as heavyweight stocks were the main drivers of the bourse.
South African oil and chemicals group, Sasol (+2.17%) reached a record high of R179.06. Clothing retailer, Foschini (+3.96%) led the retail index (+0.75%) into positive ground - it will soon reach the 20 000 level.
After being range-bound during the earlier part of the week, the London market received a boost following positive comments from Federal Reserve Chairman Alan Greenspan.
Standard Bank launched their own quarterly residential property price report, and speaking at their launch Elna Moolman, from Standard Bank economics division, said that house prices increased by 24.3% in May, while projections for the year are that this
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