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Miners, resources boost SA future

Economy

Johannesburg - South African near-dated futures rallied on Thursday in line with the JSE and stronger global markets‚ with local miners and resources leading the upside after a sell-off on Wednesday. Higher commodity prices due to a softer greenback aided the rally.

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Photo: Leon Nicholas.

The near dated Alsi added 1.26% to close at 33‚720 points. The total number of contracts that exchanged hands was 28 191 contracts from 29 192 contracts on Wednesday.

At 5.39pm local time the spot price of gold was $1 725.58 per fine ounce from $1 722.39 previously. - I-Net Bridge

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