JSE hits a summit

It is its biggest surge in a single day this year.

- Suren Naidoo

The JSE broke through the key 81 000 points mark, hitting a record high on inauguration day yesterday a jump of another two percent. Africa's biggest bourse hit 81 364 points for the first time.

In a welcome bout of optimism to hit the JSE, the bourse saw about R36 billion in trade on Tuesday, to close 3.5% stronger.

This was its biggest surge in a single day this year, on the back of market cheer around South Africa's planned government of national unity (GNU), which will include the ANC, Democratic Alliance, Inkatha Freedom Party, Patriotic Alliance, Good party, Pan Africanist Congress and possibly others.